Supreme Court upheld Competition Council‘s decision to sanction Lukoil Baltija for non-notified mergers

The Supreme Administrative Court of Lithuania (the Court) upheld the Lithuanian Competition Council‘s (KT) decision as of April 18, 2013 to impose a fine of 341 057 EUR on JSC Lukoil Baltija for implementing non-notified mergers. The Court ruled that a merger must be notified to and cleared by the KT prior to its implementation. The … Skaityti toliau

BORGWARD’s petrol-saving marvel: Direct petrol injection made its debut in 1951 at the IAA motor show — in the sleek Goliath sports coupé

  – In 1951 BORGWARD-Werke made direct injection fit for series production – Customers benefited from up to 30 per cent lower petrol consumption – Close cooperation with experts at Bosch After World War II, the two-stroke engine was the standard for BORGWARD-Werke’s Goliath automobiles. Robust and simply designed, it was intended to promote mass … Skaityti toliau