HB Reavis Group and Polskie Koleje Państwowe (PKP) will be able to build a new railway station Warszawa Zachodnia. The President of UOKiK consented to create a joint undertaking

The Dutch company HB Reavis Group belongs to the HB capital group, which is involved inter alia in real estate development, construction, and management of real estate properties. PKP in Warszawa is the leader of the state-owned capital group. As a result of concentration, HB Reavis Group and PKP will jointly control the company West Station Investment, which is set to build the new Warszawa Zachodnia Railway station and commercial development of the adjacent areas.

Under law a transaction is subject to notification to the antitrust authority, if it involves undertakings whose total turnover in the preceding year exceeded EUR 1 billion worldwide and EUR 50 million in Poland

Having conducted antitrust proceedings, the President of the Office decided that the concentration will not result in a significant restriction of competition.

Under the law, a transaction is subject to notification to the antitrust authority, if it involves undertakings whose total turnover in the preceding year exceeded EUR 1 billion globally or EUR 50 million in Poland.

Please also note that the Office’s website includes information about all antitrust proceedings conducted by UOKiK in cases involving concentration.

Decisions regarding consent to concentration lapse if the transaction does not take place within 2 years of their release. The Office’s website includes information about all antitrust proceedings conducted by UOKiK in cases involving concentration. More information about the principles for concentration of undertakings can be found in the specially prepared elaboration.

Additional information for the media:
Małgorzata Cieloch, Spokesperson for UOKiK
Department of International Relations and Communication
Pl. Powstańców Warszawy 1, 00-950 Warszawa
Phone: +48 22 55 60 106
Fax: +48 22 826 11 86
E-mail: malgorzata.cieloch@uokik.gov.pl