The Office for the Protection of Competition (ÚOHS) has cleared ČEZ's merger with ŠKODA JS and Middle Estates. The decision has become final. ŠKODA JS is active in the Czech Republic mainly in the fields of engineering, manufacturing and servicing of nuclear equipment. Middle Estates is active in the management and rental of real estate, apartments and non-residential premises for ŠKODA JS. The Office concluded that the concentration would not increase the market power of the merging competitors to such an extent as to result in a significant impediment to competition.
Prepared by the team of CzechTrade Egypt