ÚOHS approved the merger of LOUDA HC with Hyundai Centrum, Car Star and Whare factory

Published: 12.08.2021 Related countries:  Korea (south) Korea (south)

LOUDA HC to exercise sole control over Hyundai Centrum CB, Hyundai Centrum Praha, Car Star Praha, Car Star Fleet, Car Star Immo and Wharefactory.

In a simplified procedure, the Office for the Protection of Competition (ÚOHS) authorized LOUDA HC to exercise sole control over Hyundai Centrum CB, Hyundai Centrum Praha, Car Star Praha, Car Star Fleet, Car Star Immo and Whare factory. The merger of competitors occurs mainly in the areas of retail sales of new and used passenger cars and commercial vehicles, the provision of services such as repair and maintenance of cars and the sale of spare parts. The decision of the Office came into force.

Source: CIA News
Prepared by the team of foreign office CzechTrade and CzechInvest Seoul