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Europe Daily Bulletin No. 8577

4 November 2003
Contents Publication in full By article 13 / 35
GENERAL NEWS / (eu) eu/competition
Sydkraft and Graninge merger is cleared

Brussels, 03/11/2003 (Agence Europe) - The European Commission has authorised Sydkraft, the second largest electricity company in Sweden, to take over its rival, Graninge, the fifth largest producer in Sweden. Sydkraft and Graninge are active in the generation, transmission, distribution and sale of electricity. The Commission had expressed concern about the competition restrictions that the merger might cause in Sweden where the three main players, including Sydkraft, have a combined market...

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