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Tag Archives: competition law

Dedeman – Cemacon transaction, under Competition Council’s attention

Competition Council analyses the transaction by which PIF Industrial together with Dedeman take over Cemacon S.A and Cemacon Real Estate S.R.L., a press release informs. PIF Industrial and Dedeman are part of the same group of companies, owned by Paval ...

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Bancpost take-over, along with ERB Retail Services IFN and ERB Leasing IFN, by BT, under CC sight

The Competition Council (CC) analyses the transaction by which Banca Transilvania S.A. (BT) takes over Bancpost S.A., ERB Retail Services IFN S.A. and ERB Leasing IFN S.A., a press release informs. In November 2017, BT has reached an agreement with ...

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The fines imposed by the Competition Council increased by 60 pc in 2017

Last year, the Competition Council imposed fines of RON 123.1 million (EUR 27.35 million), up by 60.3 percent compared to the previous year, according to the institution’s balance sheet released on Tuesday. At the same time, 19 investigations were launched ...

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Romanian Military Vehicle Systems gets the Competition Council green light

The Competition Council (CC) authorised the economic operation by which Romarm SA (UAM) and Rheinmetall Landsysteme GmbH set up the company Romanian Military Vehicle Systems SA, a press release informs  Each stakeholder will own 50 percent of the share capital ...

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Competition Council carried out unannounced inspections at Policolor, BASF

The Competition Council had opened an investigation on car paint market in Romania, on possible infringement of competition law, a press release informs. The investigation concerns possible anticompetitive practices consisting in the conclusion of an exclusive distribution agreement between two ...

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Competition Council to complete 20 cases by this year-end

The end of year will be busier than the beginning for the Competition Council (CC), which is going to complete about 20 cases in the coming months, Bogdan Chiritoiu, President of the Competition Council said in a seminar on Saturday. ...

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Competition Council fines Siveco and Intrarom RON 8m for faking a public auction

The Competition Council (CC) has fined Siveco and Intrarom by more than RON 8 million (approx. EUR 1.75 million) for faking a public procurement procedure organised by the Agency for Payments and Interventions in Agriculture (APIA) in 2008, for awarding ...

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Distrigaz Sud, under CC’s investigation for gas installations services

The Competition Council (CC) has carried out unannounced inspections at Distrigaz Sud Retele SRL (subsidiary of Engie Romania) headquarters and its working points in Sfantu Gheorghe, Brasov, Targoviste, Blejoi (Prahova), Galati, Pitesti, Craiova, a press release informs. CC analyzes a ...

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Competition Council: Fines of over EUR 15 M last year, well below the 2015 level

In 2016, Competition Council (CC) imposed fines of RON 68.4 million (EUR15.2 million) and has completed 25 investigations of breaching the competition law, according to data presented Thursday by the institution. 119 companies were sanctioned, of which 93 have admitted ...

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OMV Petrom assets sale to Mazarine Energy, in Competition Council’s attention

The Competition Council (CC) is investigating the deal between OMV Petrom, the largest oil and gas producer in Southeastern Europe and Mazarine Energy Romania for 19 oil fields and three rigs, in order to establish whether it complies with competition ...

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