The Competition Council announced the authorization of the transaction through which Celco SA, a manufacturer of masonry materials, intends to acquire the company Prefab SA, specialized in the production of construction materials. Celco SA, part of the Celco group, produces aerated concrete, adhesives, and dry mortars, having in its portfolio a lime factory and a limestone quarry. Additionally, the group offers warehousing services, real estate rentals, as well as hotel services. Prefab SA produces aerated concrete, prefabricated elements, concrete pipes for water networks, and supplies ready-mixed concrete. The Competition Council concluded that the acquisition will not create significant obstacles to competition in the Romanian market, and the decision will be published later on the authority's website.
Sources
Consiliul Concurenţei a autorizat preluarea producătorului de materiale de construcţii Prefab SA de către Celco SA
Consiliul Concurenţei a autorizat preluarea producătorului de materiale de construcţii Prefab SA de către Celco SA
Consiliul Concurenţei a dat undă verde tranzacţiei de preluare a Prefab de către Celco
Latest News
08:29
The High Court of Cassation and Justice is expected to pronounce today the final decision in the case of outstanding salary rights for magistrates.
08:26
The South Korean Minister of Defense claims that North Korea possesses between 80 and 120 nuclear weapons, a figure significantly higher than the estimate of 57 put forward by Donald Trump.
08:06
The U.S. Treasury debt has reached $40.047 trillion, exceeding CBO estimates. The rapid increase in the deficit raises concerns in the financial markets.
07:59
The Washington Post: Russians withdraw billions from banks, fearing that Putin will confiscate their deposits to finance his war
07:46
Hungary: The construction of a riverbed threshold on the Danube has raised the water level by 15-20 cm, preventing the shutdown of the turbines at the Paks nuclear power plant.
See more news