Market announcement

AS TALLINNA VESI

LEI code

5493000M6TVS2X0KWC97

Size of the entity

Large group

Economic activities

Water Supply; Sewerage, Waste Management and Remediation Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

4477

Submission date and time

29.05.2014 09:32:39

Content of announcement in Estonian

Title

AS Tallinna Vesi selgitab Euroopa Komisjoni vastust

Message

20. mail 2014. aastal avalikustati Konkurentsiameti seisukoht, milles sisaldus
järgmine seisukoht:  "Konkurentsiamet peab täna nõudma, et Tallinna Vesi asuks
seadust täitma, kuna vee- ja kanalisatsiooniteenuse hind on liiga kõrge. Lisaks
on ettevõtte senine tegevus vastuolus Euroopa Liidu konkurentsiõigusega ja
alles Euroopa Komisjonilt laekunud vastav teade veelgi tähistab seda." 

AS Tallinna Vesi soovib oma aktsionäridele kinnitada, et nimetatud väited ei
ole tõesed. Euroopa Komisjoni vastus keskendus ainult siseturu toimimisele, see
tähendab sellele, kas liikmesriikidel on üldjoontes õigus regulatsioonis
muudatusi teha. Euroopa Komisjon ei hinnanud 2010. a vastu võetud monopolide
ohjeldamise seaduses tehtud muudatuste rakendamise õiguspärasust AS Tallinna
Vesi suhtes. Euroopa Komisjon ei hinnanud ega kommenteerinud AS Tallina Vesi
teenuste tariife ning jättis AS-ile Tallinna Vesi ilmnenud mõjudele õigusliku
hinnangu andmise selgesõnaliselt kohtute otsustada. 

2001. aasta erastamislepingu sõlmimist toetas täielikult Euroopa
Rekonstruktsiooni- ja Arengupank (EBRD). Lepingu sõlmis veeteenuse hindade
reguleerimise pädevust omav Tallinna Linn ning Eesti Vabariigi Valitsus nõustus
selle põhitingimustega. Seega tagasid vastavad asutused sõlmitud lepingute
kooskõla muuhulgas Euroopa Liidu konkurentsiõigusega. 


         Mariliis Mia Topp
         AS Tallinna Vesi
         Kommunikatsioonijuht
         Tel: (+372) 62 62 275
         [email protected]

Content of announcement in English

Title

AS Tallinna Vesi is providing further clarification on the details contained within the European Commission closure letter

Message

On 20th of May 2014, the Competition Authority’s statement was published, which
contained the following: "Today the Competition Authority is required to insist
that AS Tallinna Vesi started to comply with the law, because the tariffs of
water and sewerage services are too high. Furthermore, the actions taken by the
Company so far are contradictory to the European Union competition law as also
indicated by the relevant notification received recently from the European
Commission.“ 

AS Tallinna Vesi would like to assure to its shareholders, that these
statements are incorrect. The European Commission answer was focused only on
the Internal Market, i.e. whether, in general, Member States can have
discretion to introduce regulatory changes. The European Commission did not
assess the lawfulness with regard to AS Tallinna Vesi of the application of the
amendments made to the Anti-Monopoly Bill adopted in 2010. The European
Commission also did not assess or comment upon the water tariffs of AS Tallinna
Vesi and was explicit about leaving the legal opinion on the impact on the
Company for the court to decide. 

The privatization contract, which was concluded in 2001, was fully sponsored by
the European Bank for Reconstruction and Development (EBRD). The contract was
signed by the City of Tallinn, who was competent to regulate the water tariffs.
The main terms and conditions of the contract were approved by the Government
of the Republic of Estonia. Therefore, those authorities ensured the conformity
of the signed contracts with the European Union competition law amongst other
things. 


         Mariliis Mia Topp
         AS Tallinna Vesi
         Head of Communications
         Tel: (+372) 62 62 275
         [email protected]