95/421/EC: Commission Decision of 21 December 1994 declaring a concentration to be compatible with the common market (Case No IV/M.484 - Krupp/Thyssen/Riva/Falck/Tadfin/AST) (Only the German text is authentic) (Text with EEA relevance)

• Articles: 2

Article 1

The proposed joint acquisition of Acciai Speciali Terni SpA by Fried. Krupp AG Hoesch-Krupp, Thyssen Stahl AG, AFL Falck, Tadfin SpA and FI.RE. Finanziaria SpA is declared compatible with the common market and the functioning of the EEA Agreement.

Article 2

This Decision is addressed to:

Acciai Speciali Terni SpA (AST) Viale B. Brin, 218 I-05100 Terni Attn. Mr Enrico Rossi Fax: [phone] FI.RE. Finanziaria SpA Viale Certosa, 249 I-20157 Milano Attn. Mr Giuliano Carugati Fax: [phone] Fried. Krupp AG Hoesch-Krupp Altendorfer Str. 103 D-45143 Essen Attn. Dr Ringleb Fax: [phone] F.A.R. Acciai srl Via Privata Maria Teresa 8 I-20121 Milano Attn. Dr Gianpaolo Pozzi Fax: [phone] Acciaierie e Ferriere Lombarde Falck via Giorgio Enrico Falck, 63 I-20099 Sesto San Giovanni (Mi) Attn. Mr Mario Castellaneta Fax: [phone] Tadfin SpA Corso di Porta Nuova, 13/15 I-20121 Milano Attn. Mr Giovanni Lombardo Fax: [phone] Thyssen Stahl AG Kaiser-Wilhelm-Strasse 100 D-47166 Duisburg Attn. Dr Alexander Reuter Fax: [phone] K.A.I. Italia srl Via Milanese 20 I-20099 Sesto San Giovanni (Mi) Attn. Dr Luigi Agarini Fax: [phone]

Done at Brussels, 21 December 1994.

For the Commission Karel VAN MIERT Member of the Commission

(1) See the Decision of 4 September 1992 in Case No IV/M.239 - Avesta/British Steel/NCC/AGA/Axel Johnson.

(1) Decision of 19 December 1988, Ugine/Cockerill Sambre.

(1) Capacity means the maximum possible annual production that can be attained during the year in question under ordinary working conditions.

(2) The competitors in the market who were contacted estimate that there is current capacity of 2,8 million tonnes.

(1) Market shares according to ECSC survey.

(2) Ugine's annual R& D expenditure as a percentage of total sales revenue is by far the highest among all the players contacted by the Commission.