Home / Tag Archives: Commissioner Margrethe Vestager

Tag Archives: Commissioner Margrethe Vestager

European Commission: Romania needs to recover incompatible aid from petrochemical company Oltchim

The European Commission has found that Romanian petrochemical company Oltchim, in which the Romanian State has a controlling stake of 54.8%, received around EUR 335 million of incompatible aid from Romania, since the company’s failed privatisation in September 2012. In ...

Read More »

Romania, talks on Brussels about ArcelorMittal’s acquisition of Ilva

Deputy Prime Minister Viorel Stefan met with Commissioner Margrethe Vestager, in charge of competition policy in Brussels, the discussions at the meeting being related to the implications of the European Commission’s decision on conditional approval of the acquisition of Ilva ...

Read More »

ArcelorMittal Galati, closer to sale

The European Commission has approved under the EU Merger Regulation the acquisition of Italy’s Ilva, the largest producer of flat carbon steel in Europe and worldwide, by ArcelorMittal, world‘s leading integrated steel and mining company, a press release informs The ...

Read More »

Transgaz claims EC investigation on gas export restrictions not affecting the company’s operations

National gas carrier Transgaz claims, in a release on Friday to the Bucharest Stock Exchange (BVB), that the EC investigation launched on the gas export restrictions does not affect the company’s capability to complete operations Transgaz says it will conduct ...

Read More »

Oltchim plant will be sold by pieces, without the obligation for investors to take over employees

Oltchim SA Creditors Meeting decided on March 6, 2017 to amend the reorganization plan of the company. Modification refers only to the method of privatization of the plant, which will be sold in packages of functional assets, the document submitted ...

Read More »