The Competition Council is analysing the takeover of Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA by OMV Petrom, according to a competition authority release sent on Wednesday.The OMV Petrom Group is active in the energy sector, from the exploration and production of oil and natural gas to the refining and distribution of fuels and, further on, to the generation of electricity, as well as the commercialisation of natural gas and electricity.The companies Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA are active in electricity production from renewable sources."In accordance with the provisions of the Competition Law (no. 21/1996), this transaction must be authorised by the Competition Council, which will assess the operation in order to establish its compatibility with a normal competitive environment and will issue a decision within the time limits provided by law," the press release reads.
Romanian-born author Patricia Furstenberg invites readers into the shadowed heart of Transylvania with her 1000-word story The Night of Returning Souls. “Let me show you the world as it once was,” she told Romania-insider.com, introducing a haunting tale set on All Saints’ Night, when the veil between the living and the dead grows thin. “In […]
Three tourists climbing Romania’s Făgăraș Mountains died this past weekend in separate accidents after slipping hundreds of meters down steep, ice-covered slopes. According to the mountain rescuers, two of the victims may not have had the necessary equipment for winter conditions. Their bodies could not be recovered immediately because of the late hour, officials said, […]
Marcel Ciolacu, former prime minister and president of the Social Democrats (PSD) in Romania, has been officially nominated as the party's candidate for the presidency of the Buzău County Council in the upcoming local elections scheduled for December 7. Speaking at the announcement event organized by PSD's Buzău branch, Ciolacu said his decision to run […]
Romanian president Nicușor Dan congratulated the newly elected president of Ireland, Catherine Connolly, in a message posted on social media on Sunday, October 26. “Congratulations to Catherine Connolly on her election as President of Ireland. I am looking forward to working together to develop our bilateral and European cooperation, building upon our countries' excellent relations […]
Romania has activated a new F-16 Fighting Falcon squadron to carry out NATO air policing missions, the Ministry of Defense announced. The 48th Fighter Squadron of the 71st Air Base “General Emanoil Ionescu” in Câmpia Turzii began operations last week, on October 20, under NATO command. The missions aim to safeguard Romania’s airspace and strengthen […]
Bucharest’s District 6 mayor, Ciprian Ciucu, confirmed on Monday, October 27, that he will run for the position of general mayor of the capital city, saying the decision followed “long and careful reflection” on where he could make the greatest impact. His announcement came as a new Avangarde poll showed a close race for Bucharest’s […]
