Get real time updates directly on you device, subscribe now.
The Competition Council is analyzing the transaction by which Public Power Corporation SA intends to take over the companies Felix Renewable Holdings SRL, Tomis Team SA, Ovidiu Development SA, MW Team Invest SRL and TMK Hydroenergy Power SRL.
Public Power Corporation SA, active in the field of electricity production and supply in Greece, is the parent company of several subsidiaries, which operate in Greece, Romania and North Macedonia (PPC Group). In Romania, the PPC Group produces, supplies and distributes electricity, supplies natural gas and provides complementary services.
Tomis Team SA, Ovidiu Development SA and TMK Hydroenergy Power SRL operate electricity production plants from renewable sources with a total capacity of approximately 629 MW. MW Team Invest SRL owns one of the wind farms operated by Tomis Team SA, while Felix Renewable Holdings SRL is a holding company.
“In accordance with the provisions of the Competition Law (no. 21/1996), this operation must be authorized by the Competition Council, which will evaluate it in order to establish its compatibility with a normal competitive environment and will issue a decision within the terms provided by law,” says the Council.
DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRLUniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002