CONCLUSIONS OF THE 59th SESSION OF THE COUNCIL OF COMPETITION

SARAJEVO, 30 January 2008 - The Council of Competition at 59th session declared a concentration, which will be created in the market for providing Internet services in Republic of Srpska, compatible. The concentration will be implemented between undertakings Blic.Net d.o.o. Banja Luka and Telekom Slovenije d.d. Ljubljana. Telekom Slovenije submitted to the Council of Competition a notification of intended concentration by means of which it intends to become 100% owner of the undertaking Blic.Net d.o.o. Banja Luka. Considering the appraisal and analysis of data and information, the Council of Competition assessed that implementation of the concentration concerned will not distort existing market competition in the market for providing internet services in Republic of Srpska. 

Due to the fact that Notification of intended concentration was not submitted within the ordered time period, Telekom Slovenije is fined 200.000,00 KM. 

Also, the Council of Competition approved the concentration which will be created between undertakings „TCB WAKIL“ Sdn Bhd, Malaysia and „Bristol“ mješovito hotelsko-turističko i trgovаčко preduzeće d.d. Sarajevo. The undertakings „TCB WAKIL“ submitted to the Council of Competition a Notification of intended concentration by which it intends to become majority owner of undertaking „Bristol“ mješovito hotelsko-turističko i trgovаčко preduzeće. Estimating and analyzing all data and facts in the decision making procedure the Council of Competition established that implementation of the concentration concerned will not distort existing competition in the market for providing tourist services in the hotel industry in Sarajevo Canton as the reconstructing of ruined Hotel Bristol will take place and therefore increase the competition in the market.

Also, the Council of Competition approved a concentration between undertakings Arcelor Netherlands B.V., Kingdom of Netherlands and OFZ a.s., Republic of Slovakia. Arcelor Netherlands submitted to the Council of Competition a Notification of intended concentration by means of which it intends to become 100% owner of undertaking OFZ. The concentration will be created in the market for sale alloy iron in Bosnia and Herzegovina where Arcelor Netherlands acts through its subsidiary companies Mittal Steel Zenica and Mittal mines Prijedor.The Council of Competition ascertained that this concentration will not change competition in the market for sale alloy iron because the Arcelor Netherlands is only present in the market. 

The Council of Competition has adopted a Report on performance of the Council of Competition in 2007 and a Plan of activities of the Council of Competition for 2008.

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