Transelectrica, suspected of rigging tenders

1 79

The Competition Council opens an investigation regarding a possible tenders’ rigging carried out by Transelectrica for the assignment of several works, a press release informs.

The works concerned the maintenance and upgrading of the Electric Transport Network.

Romania’s anti-trust body shows that it has started the investigation based on information provided by Transelectrica SA itself, which reported possible anti-competitive behavior of ELM Electromontaj Cluj S.A, Energobit S.A., Societatea pentru Servicii de Mentenanta a Retelei Electrice de Transport Smart S.A. and Energotech S.A. in two bids regarding the upgrading of ’400/110/20kV Domnesti plant’ and ’220/110kV Raureni power station’.

In the two auctions organized by the state company, the bidder that ranked first in the e-auction was disqualified because he did not respond or responded incompletely to the request of the contracting authority, and the contract was awarded to the bidder ranked second, at a higher price, the Competition Council shows.

In case the Competition Council finds infringement of the competition rules, the company risks fines of up to 10 percent of turnover. However, companies that cooperate with competition authority within the leniency program may obtain immunity from fines or a significant reduction of fines.

- Advertisement -

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More