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	<title>competition-concentration-company &#8211; Albanian  Telegraphic  Agency.</title>
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		<title>Competition Commission authorizes acquisition of Telecom Invest AD by Hungarian company</title>
		<link>https://en.ata.gov.al/2022/03/08/competition-commission-authorizes-acquisition-of-telecom-invest-ad-by-hungarian-company/</link>
					<comments>https://en.ata.gov.al/2022/03/08/competition-commission-authorizes-acquisition-of-telecom-invest-ad-by-hungarian-company/#respond</comments>
		
		<dc:creator><![CDATA[Sonila Mehmeti]]></dc:creator>
		<pubDate>Tue, 08 Mar 2022 20:56:18 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
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		<category><![CDATA[News from Albania]]></category>
		<category><![CDATA[competition-concentration-company]]></category>
		<guid isPermaLink="false">http://en.ata.gov.al/?p=174131</guid>

					<description><![CDATA[TIRANA, March 8 /ATA/ The Competition Commission has authorized the concentration realized through the acquisition of the company Albania Telecom Invest AD by the company 4iG Nyilvanosan Mukodo Reszvenytarsasag. Albania Telecom Invest AD (ATI), is a company established in compliance with Bulgarian legislation to operate within scope of investment and activities in the field of [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>TIRANA, March  8 /ATA/ The Competition Commission has authorized the concentration realized through the acquisition of the company Albania Telecom Invest AD by the company 4iG Nyilvanosan Mukodo Reszvenytarsasag.<br />
Albania Telecom Invest AD (ATI), is a company established in compliance with Bulgarian legislation to operate within scope of investment and activities in the field of telecommunications and any other activity that is not prohibited by the legislation of the Republic of Bulgaria.</p>
<p>Albania Telecom Invest AD, owns 99.899% of the shares of One Telecommunications JSC, where the latter is a joint stock company, established under Albanian legislation, with the object of building, owning, operating and providing the mobile telephone network of GSM standard, providing international roaming service, etc.<br />
4iG Nyilvanosan Mukodo Reszvenytarsasag (4iG Nyrt) is a limited joint stock company / public company, established under Hungarian legislation, with the object of producing computers and peripherals, producing office machinery and equipment (except computers and peripherals), assembling machinery and industrial equipment, construction project organization, construction site preparation, wholesale trade services of computers, peripheral units and software, non-specialized wholesale trade, retail trade services of computers, peripheral units and software, etc.</p>
<p>4iG Nyrt has just entered the electronic communications market in Albania, after the conclusion of the agreement for the acquisition through the purchase of 80.27% of the shares of Albtelecom JSC, and through this transaction, 4iG Nyrt company will acquire another competitor in this market (One Telecommunications JSC).</p>
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