The Service of the Commission for the Protection of Competition on the 26th of November 2009 received a notification of a proposed concentration according to Article 13 of the Control of Concentration between Enterprises Law (Number 22(I)/99), concerning an agreement by which OJSC Kamaz will acquire 50% of Mercedes-Benz Trucks Vostok Holding GmbH, an enterprise which belongs to Daimler AG.
- Daimler AG main activities concentrate on the production and sale of cars, trucks, minivans and buses around the world. Moreover, the above mentioned group of companies offers a series of financial services activities in relations to vehicles.
- OJSC Kamaz’s core operations are production and sale of trucks in the Russian Federation and abroad.
- Mercedes-Benz Trucks Vostok Holding GmbH is a holding company, established in Austria which is active through its subsidiaries in the production and distribution of Mercedes-Benz vehicles.