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[Decision Summary] Approval of Merger between Virya Energy and EBRD

a black and white chessboard with a white king and a black queen clashing and flying
Photo: Fatima Shahid

The Polish Competition Authority has approved the merger between Virya Energy NV and the European Bank for Reconstruction and Development, allowing them to establish a joint venture.

23.01.2026 | Polish Competition Authority (DKK)


The Polish Competition Authority (UOKiK) issued Decision No DKK-13/2026 on January 23, 2026, approving the merger between Virya Energy NV, based in Halle, Belgium, and the European Bank for Reconstruction and Development (EBRD), located in London, UK. This decision follows an antitrust investigation initiated at the request of the parties involved.

The merger involves the creation of a joint venture as outlined in the application submitted by Virya Energy and EBRD. The authority determined that the merger does not raise any competition concerns and thus did not require further justification for the decision.

As the decision fully meets the requests of the parties and does not involve any disputes or appeals, the UOKiK opted to waive the detailed reasoning typically provided in such decisions. The approval allows the parties to proceed with their plans without any imposed conditions or remedies.

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