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Image header Agence Europe
Europe Daily Bulletin No. 9447
Contents Publication in full By article 29 / 37
GENERAL NEWS / (eu) eu/competition

Commission clears Wartsila-Hyundai joint venture

Brussels, 15/06/2007 (Agence Europe) - On 13 June, the European Commission authorised the creation of a joint venture between Wärtsilä Technology Oy (Wärtsilä), a Finnish manufacturer of ship propulsion and power plant solutions, and Hyundai Heavy Industries (HHI), a Korean shipbuilder. The Commission's investigation found that the planned deal would not significantly impede effective competition in the European Economic Area (EEA) given the limited scope of activities of the joint...

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