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Office of Competition and Consumer Protection

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Consent for concentration - Stary Browar in Poznan

< previous | next > 14.10.2011

Consent for concentration - Stary Browar in Poznan

The President of UOKiK has issued her consent to take control over Nowy Stary Browar and Fortis Nowy Stary Browar by Hedan

Hedan of Luxembourg belongs to the Atrium capital group, the owner of shopping centers in several Polish cities, including Promenada and Targówek in Warszawa. Nowy Stary Browar is the owner of the property Stary BrowarCentrum Sztuki i Biznesu in Poznan. Fortis Nowy Stary Browar deals with property rental and management. As a result of the concentration Hedan will own 100 percent shares of the acquired companies.

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 the antitrust proceedings the President of the Office decided that the concentration will not significantly restrict 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.

We would like to emphasise that the website of the Office contains information on all antitrust proceedings conducted by the Office.

See more about the principles of concentration control here.

Additional information for the media:
Małgorzata Cieloch, Spokesperson for UOKiK
Department of International Relations and Communication
Pl. Powstańców Warszawy 1, 00-950 Warszawa
Tel. +48 22 827 28 92, 55 60 314, 55 60 430
faks +48 22 826 11 86
E-mail: [SCODE]bWFsZ29yemF0YS5jaWVsb2NoQHVva2lrLmdvdi5wbA==[ECODE]

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See also:
ICPENICNPolish Aid