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Case No COMP/M.5525 - TUI TRAVEL/ OSCRIVIA/ JV

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REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 07/07/2009

In electronic form on the EUR-Lex website under document number 32009M5525

Office for Official Publications of the European Communities L-2985 Luxembourg

COMMISSION OF THE EUROPEAN COMMUNITIES

Brussels, 07.07.2009 SG-Greffe(2009) D/4063 C(2009) 5574

PUBLIC VERSION

MERGER PROCEDURE ARTICLE 6(1)(b) DECISION

SIMPLIFIED PROCEDURE

To the notifying parties:

Dear Sirs,

Subject: Case No COMP/M.5525 – TUI TRAVEL/ OSCRIVIA/ JV Notification of 4.6.2009 pursuant to Article 4 of Council Regulation (EC) No 139/2004 Publication in the Official Journal of the European Union No C 133, 12.6.2009, p. 15.

1.(1) On 4 June 2009, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertakings TUI Travel Holdings (“TUI Travel”, UK) and Oscrivia Limited (“Oscrivia”, Cyprus) controlled by S-Group Direct Investment Limited ("S Group", Russia )acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of Voyage Kiev ("Voyage Kiev", Ukraine) and VKO Moscow ("VKO", Russia) by way of purchase of shares.

(2) The business activities of the undertakings concerned are:

-- for TUI Travel: leisure travel products;

-- for Oscrivia: diversified asset holding;

-- for Voyage Kiev: leisure travel products;

-- for VKO: leisure travel products.

1OJ L 24, 29.1.2004, p.1.

Commission européenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.

2.(3) After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No 139/2004 and of paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 .

(4) For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EC) No 139/2004.

For the Commission (signed) Philip LOWE Director General

2OJ C 56, 5.3.2005, p. 32.

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