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European Commission Spokesman's Briefing for 97-08-27

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Paroleb

27/08/97


CONTENTS / CONTENU

  • [01] Commission approves the acquisition of joint control of EBJS European Business Jet Services by Lufthansa Cityline and Bombardier
  • [02] La Commission autorise l'acquisition du contrôle unique de Comercial de Laminados par Klöckner Stahl- und Metallhandel
  • [03] Yves-Thibault de Silguy: "La convergence économique progresse fortement"
  • [04] Hans van den Broek to stress importance of EU-Russian relations during visit to Moscow andSt. Petersburg (28-31 August 1997)

  • [01] Commission approves the acquisition of joint control of EBJS European Business Jet Services by Lufthansa Cityline and Bombardier

    The European Commission has approved the intention of Bombardier International B.V., Amsterdam, to acquire a 50% share in a subsidiary of Lufthansa CityLine GmbH, Kriftel/D. The joint venture will have the company name of EBJS European Business Jet Services GmbH. It will sell aircraft flights supplied by independent owners or operators of executive jet aircraft on a commission basis to third parties. The proposed operation affects the market for broker services regarding journeys by air with chartered executive jet aircraft. As EBJS has not supplied broker services in the past the proposed operation will not lead to any addition of market shares in the affected relevant product market. The Commission has decided not to oppose the notified concentration and to declare it compatible with the common market and with the functioning of the EEA Agreement.

    [02] La Commission autorise l'acquisition du contrôle unique de Comercial de Laminados par Klöckner Stahl- und Metallhandel

    Conformément au règlement sur les fusions, la Commission européenne a approuvé une opération par laquelle Klöckner Iberica SL, une filiale de Klöckner Stahl - und Metallhandel (KSM), elle-même filiale du Groupe VIAG, prend le contrôle unique de Comercial de Laminados en acquérant des actions appartenant à trois familles qui possèdent directement ou indirectement 94, 8% des parts. Klöckner Iberica fera une offre publique pour le restant des actions. Les deux sociétés Comercial de Laminados et KSM distribuent de l'acier et des métaux non-ferreux. La plupart des ventes de Comercial de Laminados sont effectuées en Espagne et au Portugal et les effets de cette opération se sentiront surtout sur ces deux marchés où les parts du marché ne dépasseront pas 5% dans chaque catégorie de produit. L'opération proposée ne devrait pas créer ou renforcer une position dominante.

    [03] Yves-Thibault de Silguy: "La convergence économique progresse fortement"

    !!! embargo 21h !!! "La convergence des économies n'est plus un voeu, elle est devenue une réalité", a notamment déclaré Yves-Thibault de Silguy, Commissaire européen chargé des Affaires économiques, monétaires et financières, lors du Forum européen d'Alpbach. "Une majorité d'Etats membres devront donc être en mesure de remplir les conditions prévues par le traité pour accéder à l'euro. (...) Le respect des valeurs de référence pour la seule année 1997 n'est pas une condition suffisante pour passer à l'euro. La Commission s'assurera ... du caractère durable des performances obtenues en matière d'assainissement des finances publiques. (...) L'amélioration globale de l'environnement économique se traduit par une accélération de la croissance en Europe. Ceci dynamisera les rentrées fiscales et facilitera, en conséquence, la poursuite de l'effort d'assainissement." !!! embargo 21h !!!

    [04] Hans van den Broek to stress importance of EU-Russian relations during visit to Moscow andSt. Petersburg (28-31 August 1997)

    Hans van den Broek, Commissioner responsible i.a. for relations with Russia, will visit Moscow and St. Petersburg in follow-up to the visit to the European Commission by Prime Minister Chernomyrdin on 18 July 1997. This will provide an opportunity to discuss in depth the various subjects raised at that time and focus on areas of closer cooperation. "The European Union (EU) is Russia's main trading partner and the single largest donor. Russia is a vital partner for the EU because of our joint role in promoting stability and prosperity in Europe", commented Mr van den Broek. "On the threshold of the entering into force of the Partnership and Cooperation Agreement, our joint activities are widening far beyond the scope of mere trade issues." Special attention will be paid to President Yeltsin's request to train young Russian managers in EU enterprises. In response, the Commission has worked out a detailed proposal that Mr van den Broek will present to his counterparts. For the prelude to the celebrations of the 850th anniversary of the city of Moscow, Mr van den Broek will open a special concert by the European Youth Orchestra. In St. Petersburg, he will meet with regional leaders and visit the successful Tacis project which has trained thousands of former Red Army officers to become business managers.

    MIDDAY EXPRESS


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


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