Independent journal on economy and transport policy
06:17 GMT+1
This page has been automatically translated by Original news
The EU commission authorizes the acquisition of the aeronautical section of the Aviation Italian by the GE American
the green light is subordinated to a series of engagements
July 2, 2013
The EU commission has given the go-ahead free to the acquisition of the aeronautical section of the Aviation Italian Spa by the American General Electric (GE) ( on 21 December 2012). The authorization granted from Brussels is subordinated to a series of engagements turns to safeguard the competitive position of the Eurojet consortium, of which it takes part Aviation with the British Rolls-Royce, German MTU ITP and Spanish ITP, that it produces engine EJ200 for the Eurofighter, the combat aircraft used from Italy, Germany, United Kingdom, Spain and Austria and that is in competition with the endowed airplane of GE engine.
The EU commission has explained that the operation, as initially notified, would have afforded to GE to obtain a meaningful infuence in the Eurojet consortium and to approach strategic information of its competitors and in such a way the American company would have been able to prevent to the Eurofighter to offer an alternative to the platforms with GE system.
In order to dispel the fears of the Commission, GE has proposed a series of engagements turns to guarantee that the strategic information of the Eurojet consortium are adequately protected and that Eurojet and Eurofighter can continue to participate to the future campaigns in the field of the sales to the export. These engagements - it has explained the Commission - place end to the conflict of interest created from the concentration and Avio will continue to realize its part of production of the consortium on the base of the contribution of Italy to this important European military program.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher