2340-decision-771-2022

Decision 771/2022 × Who we are The CommissionIrene Sharpe Hara Nikolopoulou Panagiotis Fotis Ioannis Stefatos Charikleia Vlachou Pantelis Borovas Anna Gatziou Michael Polemis Milliou Chrysovalantou-Vasiliki Angeliki Kanellopoulou Strategic Plan Mission & Responsibilities Organizational Chart Directorate-General for Competition International Relations and Communication Information Press Releases For Citizens & BusinessLearn About Us Competition & SMEs Conferences & Seminars News & Announcements Whistleblowing System for Citizens & Business Whistleblowing System for Contracting Authorities Sector InquiriesCoastal Shipping Bank Deposits Waste Management and Recycling Health Services Fintech E-commerce Basic consumer goods Regulatory InterventionsPetroleum Industry Press Distribution Sector Construction Sector Market MappingsMapping of the Feta cheese market Mapping of the Animal feed market Mapping of the Verinary Medicinal Products market Mapping of the Plain Yoghurt market Mapping of the Fresh Cow’s Milk market PublicationsNewsletters Annual Reports Guides OECD Annual Reports Research Publications Other Publications Media All publications SustainabilitySustainability Sandbox Competition Law & Sustainability Legislation Protection of Free Competition Rules on Operational Procedures and Management Treatment of confidential information General Data Protection Regulation Code of Ethics and Cybersecurity Complaints Commitments Leniency Programme Settlement Procedure Manual of Operational Procedures Calculation of fines No-action letter Implementation of Article 1A Accessibility Statement Decisions Contact EL EN Who we are About the HCC Strategic Plan Mission & Responsibilities Organizational Chart Directorate-General for Competition International Relations and Communication The Commission Irene Sharpe Hara Nikolopoulou Panagiotis Fotis Ioannis Stefatos Charikleia Vlachou Pantelis Borovas Anna Gatziou Michael Polemis Milliou Chrysovalantou-Vasiliki Angeliki Kanellopoulou Information Press Releases For Citizens & BusinessLearn About Us Competition & SMEs Conferences & Seminars News & Announcements Whistleblowing System for Citizens & Business Whistleblowing System for Contracting Authorities Sector InquiriesCoastal Shipping Bank Deposits Waste Management and Recycling Health Services Fintech E-commerce Basic consumer goods Regulatory InterventionsPetroleum Industry Press Distribution Sector Construction Sector Market MappingsMapping of the Feta cheese market Mapping of the Animal feed market Mapping of the Verinary Medicinal Products market Mapping of the Plain Yoghurt market Mapping of the Fresh Cow’s Milk market PublicationsNewsletters Annual Reports Guides OECD Annual Reports Research Publications Other Publications Media All publications SustainabilitySustainability Sandbox Competition Law & Sustainability Legislation Legislation Protection of Free Competition Rules on Operational Procedures and Management Treatment of confidential information General Data Protection Regulation Code of Ethics and Cybersecurity Complaints Commitments Leniency Programme Settlement Procedure Manual of Operational Procedures Calculation of fines No-action letter Implementation of Article 1A Accessibility Statement Decisions Contact You are here: Decisions 2022 Decision 771/2022 Search: Thursday, 17 March 2022 00:00 Decision 771/2022 font size decrease font size increase font size Print Clearance decision on the notified concentration, pursuant to articles 5-10 of L.3959/2011, as in force, regarding the acquisition by the company under the name “SIEMENS ENERGY AG” through its indirect subsidiary under the name "SIEMENS GAS AND POWER HOLDING B.V.", part of the “SIEMENS ENERGY” group, of sole control over the Greek Energy Branch of the company under the name "SIEMENS ELECTROTECHNICAL PROJECTS AND PRODUCTS SOCIETÉ ANONYME" through its partial division and acquisition by the company under the name “SIEMENS ENERGY SINGLE-MEMBER PUBLIC LIMITED COMPANY”, a special purpose vehicle, wholly owned by “SIEMENS GAS AND POWER HOLDING B.V.” Decision 771/2022 File (PDF) Decision 771/2022 Date of Issuance of Decision March 17th, 2022 Issue Number of Government Bulletin 4532/ Β΄/ 29.8.2022 Relevant Market WHOLESALE DISTRIBUTION OF ELECTRONIC COMPONENTS/PRODUCTS MARKET (Market for product distribution which includes the sale and installation of products and systems related to energy generation and transmission) Subject of the Decision Clearance decision on the notified concentration, pursuant to articles 5-10 of L.3959/2011, as in force, regarding the acquisition by the company under the name “SIEMENS ENERGY AG” and distinctive title “SIEMENS ENERGY AG” through its indirect subsidiary under the name "SIEMENS GAS AND POWER HOLDING B.V.", part of the “SIEMENS ENERGY” group of companies, of sole control over the Greek Energy Branch of the company under the name "SIEMENS ELECTROTECHNICAL PROJECTS AND PRODUCTS SOCIETÉ ANONYME" through its partial division and acquisition by “SIEMENS ENERGY SINGLE-MEMBER PUBLIC LIMITED COMPANY”, a special purpose vehicle, wholly owned by “SIEMENS GAS AND POWER HOLDING B.V.” Legal Framework Article 6 L. 3959/2011 Operative part of the Decision The competent Chamber of the Hellenic Competition Commission unanimously decided, by open vote, as follows: approved, under article 8