OMV Petrom gets permit to take over three green energy projects in Romania
<p>Romania’s Competition Council approved the transaction by which OMV Petrom is taking over three companies active in energy generation, specifically wind and solar, sector: Intertrans Karla, Bridgeconstruct, and ATS Energy, the competition authority announced in a press release, quoted by <a href="https://economedia.ro/consiliul-concurentei-a-autorizat-tranzactia-prin-care-omv-petrom-a-preluat-trei-companii-care-produc-energie-electrica.html?mc_cid=d9b0121732&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Economedia.ro</a>.</p>

<p>Following the analysis, the Competition Council found that this operation does not raise significant obstacles to effective competition on the Romanian market or a substantial part of it and that there are no serious doubts regarding its compatibility with a normal competitive environment.</p>

<p>The deal is part of OMV Petrom’s greenification: at the end of July, the Competition Council announced that it is analysing the transaction through which OMV Petrom plans to buy other companies that are preparing four wind farms and a photovoltaic park in the south of Romania.</p>

<p>In May, the company completed the transaction by which it fully bought Renovatio Asset Management, the owner of the largest charging network for electric vehicles in Romania.</p>

<p><em>iulian@romania-insider.com</em></p>

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