On 8 June 2012, the Serbian Administrative Court (the "Court") annulled the decision of the Serbian Competition Authority (the "Competition Authority") prohibiting a merger between Sunoko d.o.o. Novi Sad, with its registered seat at Novi Sad, the Republic of Serbia ("Sunoko"), and Hellenic Sugar Industry SA, with its registered seat at Thessaloniki, Greece ("Hellenic") and returned the matter to the Competition Authority for a new decision. History of the Sunoko case Sunoko is a subsidiary of MK Group, the largest sugar producer in Serbia (with a market 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
Share on
|
|
The Serbian Administrative Court annuls the decision of the Competition Authority prohibiting a merger between the two largest sugar producers in the Republic of Serbia (Sunoko / Hellenic Sugar Industry)
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.
