Press Releases

2006-09-20 / Merger Komerční banka/Modrá pyramida approved Czech Office for The Protection of Competition (UOHS) has allowed Czech bank Komerční banka (unit of Societe Generale) to raise its stake in building society Modrá pyramida stavební spořitelna to 80 from 40 percent

2006-09-20 / Acquisition of eBanka by Raiffeisen Bank approved The Office for the Protection of Competition has approved the acquisition of eBanka by Austrian Raiffeisen International Bank Holding

2006-09-20 / Green light for Blue River/Tatra merger The Office for The Protection of Competition has approved the merger of trucks manufacturer Tatra and Blue River

2006-09-20 / Chairman Pecina cuts cartel fine for Czech bakeries to 52.8m CZK The Chairman of the Office for the Protection of Competition Martin Pecina issued a second-instance decision in which he had reduced a fine imposed on bakeries Delta, Penam and Odkolek over a cartel on prices from 2003 to 52.8 million CZK from 66 million CZK

2006-09-20 / Record fine of 370 million was imposed upon RWE Trangas The decision is not enforceable, the participant of the proceeding has right to appeal

2006-09-20 / Merger K & K Capital Group/Vítkovice holding was approved Office for the Protection of Competition (ÚOHS) approved a merger between K & K Capital Group, owned by Karel Komárek, and Vítkovice holding