Nicholas Hirst

2 days ago | mlex.com | Lewis Crofts |Joanna Sopinska |Nicholas Hirst

By Lewis Crofts, Joanna Sopinska and Nicholas Hirst ( June 5, 2025, 14:18 GMT | Insight) -- Korea Hydro & Nuclear Power and the Czech government have signed a deal to provide nuclear reactors at the Dukovany power plant less than a month after the European Commission warned such a move would breach a duty of “sincere cooperation” during a foreign-subsidy probe. Earlier this week, the Supreme Administrative Court in the Czech Republic lifted an interim injunction stopping signature of the deal.

1 week ago | mlex.com | Jean Comte |Nicholas Hirst

By Jean Comte and Nicholas Hirst ( May 28, 2025, 10:03 GMT | Insight) -- The German national railway operator will face off against the German competition authority at an oral hearing set on June 11, MLex has learned. Deutsche Bahn contests a landmark 2023 decision that imposed remedies to its alleged abuse of a dominant position in the train ticket market. An order to remunerate ticket sellers, such as Omio and Trainline, is expected to take center stage.

1 week ago | mlex.com | Jean Comte |Nicholas Hirst

By Jean Comte and Nicholas Hirst ( May 26, 2025, 14:14 GMT | Insight) -- The European Commission is worried that the Spanish government might try to hamper BBVA's intended takeover of rival bank Sabadell, despite the deal having received approval from both the national competition authority and from the European Central Bank.

2 weeks ago | mlex.com | Nicholas Hirst

By Nicholas Hirst ( May 21, 2025, 06:19 GMT | Insight) -- Czechia’s president used a trip to Brussels to air concerns to the head of the European Commission about a looming EU subsidies probe into the award of a 16 billion-euro contract to Korea Hydro & Nuclear Power to build two nuclear reactors in the country.Czechia’s president aired concerns to the head of the European Commission about a looming EU subsidies probe into the award of a contract worth 16 billion euros ($18.1 billion) with...

3 weeks ago | mlex.com | Andrew Boyce |Nicholas Hirst

By Andrew Boyce and Nicholas Hirst ( May 15, 2025, 10:38 GMT | Insight) -- Abu Dhabi National Oil Company has sought EU foreign subsidy approval for its plan to take over German chemicals group Covestro, MLex has learned.