The Competition Council has authorized the transaction by which Volta Grup S.R.L. intends to take over Electrotehno S.R.L.
Volta is active in the distribution of electrical equipment, offering electrical solutions and equipment. Volta specializes in the marketing of certain low-voltage electrical equipment and electrical solutions. Electrotehno S.R.L is active in the production of electrical equipment for the control and distribution of electricity.
“Following the analysis, the Competition Council found that this operation does not raise significant obstacles to effective competition on the Romanian market or on a substantial part of it and that there are no serious doubts regarding its compatibility with a normal competitive environment. The decision will be published on the website of the national competition authority, after the removal of confidential information,” says the Competition Council press release.