2015, Competition Council’s year in terms of investigations number

2015 seems to be an emblematic year for the activity of the Competition Council. According to its president, Bogdan Chiritoiu, Romania’s competition regulator will complete this year, probably, the most investigations in the authority’s history, as well as the project on State Aid Register (RegAS), a database worth RON 7.8 million of all state aids granted in Romania. This is an ex-ante conditionality imposed for Romania by the European Commission in order to benefit from European funds.

“This year we will probably complete the large number of investigations in the history of the Competition Council, there will be over 20. No big names as you used to, involving companies with smaller turnovers, but they cover several sectors like IT, paints, LPG, gas infrastructure works, cinematography,” Chiritoiu said for Mediafax news agency.

To streamline operations and simplify administrative procedures, the Competition Council has passed through an extensive institutional reorganization process as well as an legislative framework reorganization. This action will be completed in the coming months. The institutional reform measures were recommended by the World Bank since 2011.

The president of the Competition Council believes that this restructuring was beneficial as currently there are running more investigations than before starting the project by which the World Bank has advised the institution.

In the upcoming period, the Competition Council will submit the necessary documentation to obtain European funding in order to get institution’s informatization.

Bogdan ChiritoiuCompetition CouncilEuropean Fundsinformatizationinvestigationsreorganization processState Aid Register (RegAS)World Bank
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