Lithuanian Competition Council started an investigation of Lrytas UAB acquisition
09 Agosto 2023 - 5:22AM
Lithuanian Competition Council started an investigation of Lrytas
UAB acquisition
The Competition Council of Lithuania decided to
open an investigation into the compliance of the actions of AS
Ekspress Grupp regarding the acquisition of 100% shares of UAB
Lrytas completed in December 2022. The procedure has been started
on the basis of the complaint of UAB 15min.
Ekspres Grupp is in full cooperation with the
Lithuanian Competition Council.
Mari-Liis RüütsaluChairman of the Management
Board+372 512 2591mariliis.ryytsalu@egrupp.ee
AS Ekspress Grupp is the leading Baltic media group whose
key activities include web media content production as well as
publishing of newspapers, magazines and books. The Group also
operates an electronic ticket sales platform and ticket offices and
provides an outdoor screen service in Estonia and Latvia. Ekspress
Grupp launched its operations in 1989 and it employs almost 1100
people.
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