Press Release: Mergers: Commission approves acquisition of MÁV Cargo by Rail Cargo Austria, subject to conditions

The European Commission cleared under the EU Merger Regulation the proposed acquisition of MÁV Cargo of Hungary by the Austrian company Rail Cargo Austria (RCA), both active in the provision of rail freight transport and freight forwarding services. The Commission's decision is conditional upon RCA's commitment to remove structural links and review contractual links to GySEV (Raaberbahn). The Commission concluded that the transaction, as modified by these commitments, would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.