Market announcement
Apollo Group OÜ
LEI code
984500BVJ5AFDT5C6D03
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Other financial market operator
Country of registered office
Estonia
General information
Categories
Press release
Does the information contain personal data?
No
Is the data provided voluntary or not?
No
Original language of the information to be provided
Estonian
Is information covering a period?
No
The date to which the information relates
06.10.2026
Version
1
Unique data record identifier
19063
Submission date and time
06.10.2026 17:14:26
Content of announcement in Estonian
Title
Leedu Konkurentsiameti otsus Vilniuse Akropolise kino osas
Message
06.10.2026 Leedu Konkurentsiamet ei rahuldanud äriühingu emaettevõtte MM Grupp OÜ (MMG) taotlust lahendada Vilniuse Akropolise keskuses asuva kino omandamisküsimus koondumisloa andmise kaudu.
Tegemist on ühe kõrvalepisoodiga Leedu kohtus poolelioleva MMG ja ameti põhivaidlusega, mis puudutab Vilniuse Akropolise kino ja Kaunase kino omandamist MMG poolt ning mille põhjuseks on ameti poolt väljakujunenud praktika üllatuslik ja tagasiulatuv ebaseaduslik muutmine. MMG müüs äriühingule edasi mõlemad omandatud kinod, millest Vilniuse kino opereerib täna äriühing ja Kaunase kino osas pöörati tehing äriühingu ja MMG vahel tagasi äriühingu riskide maandamiseks.
28.10.2026 amet tegi otsuse, et MMG omandas need 2 kino ilma koondumise loata ja peab nüüd tagantjärele taotlema koondumise loa. MMG vaidlustas ameti otsuse kohtus, sest omandamiseks polnud vaja koondumise luba ja paralleelselt esitas Vilniuse kino osas koondumise taotluse ametile, et Vilniuse kino küsimus kiiremini lahendada (kohtuvaidlus võtab aastaid).
Nüüd siis amet keeldus kiiremast lahendusest Vilniuse kino osas ja küsimus mõlema kino osas jääb kohtu otsustada.
Lisainfo:
Toomas Tiivel
Juhatuse esimees
+372 550 5285
Content of announcement in English
Title
Decision of the Lithuanian Competition Authority regarding Vilnius Akropolis Cinema
Message
On 06.10.2026 the Lithuanian Competition Authority refused to accept the application of the company's parent company MM Grupp OÜ (MMG) to resolve the acquisition issue of the cinema located in the Vilnius Akropolis center by granting a merger clearance.
This is a side episode in the main dispute between MMG and the Authority, which is pending in the Lithuanian court, concerning the acquisition of the Vilnius Akropolis cinema and the Kaunas cinema by MMG, and the reason for which is the surprising and retroactive illegal change of the established practice by the Authority. MMG sold both acquired cinemas to the company, from which the Vilnius cinema is currently operated by the company, and regarding the Kaunas cinema, the transaction between the company and MMG was reversed in order to mitigate the company's risks.
On 28.10.2026, the Authority ruled that MMG acquired these 2 cinemas without a merger permit and must now apply for a merger permit retrospectively. MMG challenged the Authority's decision in court, because the acquisition did not require a merger permit and in parallel submitted a merger application to the Authority regarding the Vilnius cinema in order to resolve the Vilnius cinema issue more quickly (the litigation will take years).
Now the Authority has refused a faster solution regarding the Vilnius cinema, and the issue regarding both cinemas remains for the court to decide.
Additional information:
Toomas Tiivel
Chairman of the Management Board
+372 550 5285