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European Commission Spokesman's Briefing for 97-08-12

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

12/08/97


CONTENTS / CONTENU

  • [01] Commission authorises the formation of a joint venture between Thyssen Stahl AG and Krupp Hoesch Stahl AG in the flat steel products sector pursuant to the EC Merger Regulation
  • [02] Commission approves the acquisition of Tandem Computers by Compaq
  • [03] Grèce: 130 millions d'Ecus de subventions du Fonds de Cohésion pour des projets dans les domaines de l'environnement et des infrastructures de transport

  • [01] Commission authorises the formation of a joint venture between Thyssen Stahl AG and Krupp Hoesch Stahl AG in the flat steel products sector pursuant to the EC Merger Regulation

    The European Commission has declared the proposed formation of a joint venture between Thyssen Stahl AG and Krupp Hoesch Stahl AG in the flat steel products sector pursuant to article 6(1)(b) of the EC Merger Regulation. The decision covers all products and activities of the planned joint venture which do not fall under the ECSC Treaty. Among these products are in particular cold rolled flat steel products less than 500 mm in width as well as tailored blanks for the automobile industry. The Commission already approved the proposed operation pursuant to Article 66(2) of the ECSC Treaty on 28 July 1997.

    [02] Commission approves the acquisition of Tandem Computers by Compaq

    The European Commission has given clearance under the Merger Regulation to the acquisition by Compaq Computer Corporation Inc. of the whole of Tandem Computers Inc. The Commission found that the overlaps between the two companies' activities, which were limited to the field of the cheaper range of servers, were not such as to give rise to competition concerns. Compaq Computers Corporation Inc. (US) is one of the world's largest suppliers of computing products, offering Internet and typical enterprise computing solutions, networking products, commercial PC products, and consumer PC's. Tandem Computers Inc. is a US-based supplier of highly specialised, fault- tolerant, highly available, parallel processing systems for business- critical operations in banks, stock exchange, telecommunications, etc.

    [03] Grèce: 130 millions d'Ecus de subventions du Fonds de Cohésion pour des projets dans les domaines de l'environnement et des infrastructures de transport

    La Commission européenne a approuvé l'octroi de 56 millions d'Ecus du Fonds de Cohésion pour des projets dans le domaine de l'environnement et 74 millions d'Ecus pour des projets dans le domaine des infrastructures de transport en Grèce. Les projets subventionnés dans le domaine de l'environnement ont un coût global éligible de 67,6 millions d'Ecus et reçoivent des aides de 80 ou de 85% du Fonds de Cohésion, soit 55,6 millions d'Ecus. Les projets approuvés sont les suivants: adduction d'eau, évacuation des eaux usées et station de traitement biologique de Ptolemaida, réseau d'adduction d'eau et aqueduc extérieur de Yannitsa, réhabilitation de la décharge de déchets solides d'Ano Liossia, travaux de protection côtière dans les côtes basses de Thessalonique, Khalastra et Kalochorio, augmentation de la capacité de l'aqueduc de Mornos et approvisionnement en eau de la ville d'Ioannina. Les projets approuvés dans le domaine des transports, recevant 74 millions d'Ecus du Fonds de Cohésion, soit 85% de leur coût total éligible, estimé à 87,1 millions d'Ecus, sont les suivants: Ring de Patras et divers tronçons de la Via Egnatia.

    MIDDAY EXPRESS


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


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