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23.07.2008 - EU approves Porsche's plans to take control of VW

Germany's luxury carmaker Porsche has won antitrust approval to take control of Europe's biggest EU to include aviation in "Emission Trading Scheme" ...
Auto Giant to Create 2,100 New Jobs in Germany ...
car maker Volkswagen AG.

The Czech Republic news are represented by www.prague-hotel-hotels.com

The European Commission said in a statement that the deal would not stifle competition. Porsche holds more than 30 percent of Volkswagen and is its largest shareholder. It is currently trying to build up its stake. The Commission's decision adds pressure on the German state of Lower Saxony to relinquish its veto rights over VW decisions.

(Deutsche Welle)


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