EXME 12 / 09.08
Midday Express of 2012-08-09
News from the European Commission's Midday Briefing
Nouvelles du rendez-vous de midi de la Commission européenne
The European Commission has today proposed to provide €1.5 million from the European Globalisation Adjustment Fund (EGF) to help 616 redundant workers from Zalco Aluminium Zeeland Company NV and two suppliers with their re-integration into the labour market. The proposal now goes to the European Parliament and the EU's Council of Ministers for their approval.
The European Commission has proposed to provide €2m from the European Globalisation Adjustment Fund (EGF) to help 450 redundant workers in the shipbuilding ancillary industry in Galicia back into employment. The funds, requested by the Spanish authorities, would help former workers from 35 small and medium sized enterprises. The proposal now goes to the European Parliament and the EU's Council of Ministers for approval.
On 9 August 2012, the European Commission has opened an investigation into suspected cartels for the supply of automotive electrical distribution systems, also known as wire harnesses, in the European Economic Area (EEA). This case is part of a wider effort to investigate possible cartels in the automotive sector. The opening of proceedings means the Commission will treat this case as a matter of priority, without prejudging the outcome of the investigation.
Commission clears acquisition of joint control of Melco de Colombia by Mitsubishi Corporation and Mitsubishi Electric Corporation
The European Commission has granted clearance under the EU Merger Regulation to the proposed acquisition by the Japanese companies Mitsubishi Corporation and Mitsubishi Electric Corporation of joint control over Melco de Colombia, which is currently controlled by Mitsubishi Corporation. Melco de Colombia is active in the supply, distribution, installation and maintenance of elevators and escalators as well as supply of air-conditioners mainly in South America and Caribbean. Mitsubishi Corporation is a general trading company active in various industries, including energy, metals, machinery, chemicals, food and general merchandise. Mitsubishi Electric Corporation is active in the manufacture and sale of electric and electronic equipment used in energy and electric systems, industrial automation, information and communication systems, electronic devices, and home appliances. The operation was examined under the simplified merger review procedure.
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