The Competition Authority of the Republic of Serbia approves subject to conditions a merger between the two largest sugar producers in the country (Sunoko / Hellenic Sugar Industry)

KEYWORDS
Reference

Commission for the Protection of Competition of the Republic of Serbia (Komisija za zaštitu konkurencije Republike Srbije), 13 February 2013, n°6/0-02-750/2012-60, Sunoko d.o.o., Hellenic Sugar Industry SA

On 13 February 2013, the Commission for the Protection of Competition of the Republic of Serbia (the "Competition Authority") approved, under conditions related to the fulfilment of certain structural and behavioural measures, a merger between Sunoko d.o.o. Novi Sad, a company with its registered seat at Novi Sad, the Republic of Serbia ("Sunoko") and Hellenic Sugar Industry SA, a company with its registered seat in Thessaloniki, Greece ("Hellenic"). History of the case Sunoko is a subsidiary of MK Group and is the largest sugar producer in Serbia, which enjoys a share of 42-44% of the Serbian sugar market (the "Relevant Market"). Hellenic is present on the Relevant Market as the majority shareholder in two sugar factories. Hellenic's share of the Relevant Market is 32-34%. Last

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Mirko Lalatovic, The Competition Authority of the Republic of Serbia approves subject to conditions a merger between the two largest sugar producers in the country (Sunoko / Hellenic Sugar Industry), 13 February 2013, e-Competitions Bulletin February 2013, Art. N° 51105

Visites 180

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues