President of UOKiK has consented to the creation by Robert Bosch and Daimler Chrysler of joint venture - EM-motive

In accordance with the provisions, the transaction is subject to notification to the antitrust authority, if it involves enterprises whose total turnover in the preceding year exceeded EUR 1 billion globally or EUR 50 million in Poland

Robert Bosch (Germany) is a holding company which is a global supplier of products and services in the field of automotive, industrial and construction technology. The second participant of the concentration - Daimler (Germany) conducts its manufacturing and distribution of cars and commercial vehicles. The result of the merger will create a new company - EM-motive, which will produce traction motors for electric cars and vans.

After the antitrust proceedings the President of the Authority concluded that the concentration will not significantly reduce competition.

In accordance with the provisions, the transaction is subject to notification to the antitrust authority, if it involves enterprises whose total turnover in the preceding year exceeded EUR 1 billion globally or EUR 50 million in Poland.

We would like to emphasize that the website of the Authority contains information about all antitrust proceedings regarding concentration conducted by the Authority.

Additional information for media:
Małgorzata Cieloch, Spokesperson for UOKiK
Department of International Relations and Communication
Pl. Powstańców Warszawy 1, 00-950 Warszawa
Tel. 22 827 28 92, 55 60 314, 55 60 430
faks 22 826 11 86
E-mail: [SCODE]bWFsZ29yemF0YS5jaWVsb2NoQHVva2lrLmdvdi5wbA==[ECODE]