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Europe Daily Bulletin No. 9723

22 August 2008
Contents Publication in full By article 10 / 15
(eu) eu/competition
Creation of joint venture between Robert Bosch and Samsung receives clearance

Brussels, 21/08/2008 (Agence Europe) - The European Commission has cleared the proposed joint venture between Robert Bosch GmbH of Germany and the South Korean Samsung SDI Co. Ltd in the market for battery systems.

Bosch is a global supplier of a wide range of technical products, including in the automotive sector, while Samsung develops, produces and markets electronic products worldwide. The joint venture will be active in the development, manufacture and marketing of battery systems and...