Brief: UOKiK passes Andersen-E&Y merger; Gdynia; Pratt & Whitney

The Office for Competition and Consumer Protection (UOKiK) has agreed to the merger of the Polish divisions of Andersen and Ernst & Young. After the merger the two companies will control 23% of the national auditing market, so according to UOKiK they will not form a monopoly and hence the decision to join forces is lawful. (Prawo i Gospodarka, p. 7) ... The Gdynia Shipyard has already received $40 million of the promised $150 million in government guarantees for ship production. Five vessels are already under construction and shipyard employees are currently awaiting the remaining $110 million, for another eight ships. (Prawo i Gospodarka, p. 5) ... Pratt & Whitney, the largest foreign investor on the aeronautics market will invest in a new construction site for the production of F-16 engines for Lockheed Martin. The contract is to come to fruition if Poland decides on the purchase of the American multi-task plane. (Prawo i Gospodarka, p. 4) A.K.