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Europe Daily Bulletin No. 7783

24 August 2000
GENERAL NEWS / (eu) eu/competition
Joint venture for provision of facility management services in Italy is cleared

Brussels, 23/08/2000 (Agence Europe) - The European Commission has cleared the joint takeover of Conphoebus Technology Services, a new company active in facility management services in Italy, by the company Sei (Italian electricity group Enel S.p.a.) and Mitsubishi Electric Europe BV (Japanese group Mitsubishi Electric Corporation). Given that neither Enel nor Mitsubishi are present on the Italian market in this kind of activity, the Commission feels that the operation will not have any...

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GENERAL NEWS
ECONOMIC INTERPENETRATION