Press Release: Mergers: Commission clears the acquisition of sole control over Mátra by EPH

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Mátrai Erőmű Zrt. (“Mátra”) of Hungary by Energetický a průmyslový holding, as (“EPH”) of the Czech Republic. Mátra owns and operates at 966 MW, mainly lignite-fired power plant in Visonta, Hungary. It also produces electricity from a biomass and solar plant. Moreover, it owns and operates two open pit mines in Hungary. EPH is a utility company in the field of extraction, electricity and heat production, distribution and supply, and transmission, distribution and storage. The Commission concluded that the proposed acquisition would be limited by the overlaps between the companies. The transaction was examined under the simplified merger review procedure.competition website, in the public register registerunder the number number M.8760 . (For more information: Ricardo Cardoso – Tel .: +32 229 80100, Yizhou Ren – Tel .: +32 229 94889)

Source: European Commission

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