The assets included in the transaction represent a unitary ensemble able to unfold independent economic activities and Nuclearelectrica’s intention is to continue the activity taken over at the date of transfer, respectively, the production of sintered uranium dioxide powder.
“Following an analysis, the Competition Council found the operation poses no significant obstacles in terms of actual competition on the Romanian market, or on a significant part of it and there is no serious doubt regarding its compatibility with the normal competitive environment”, according to representatives of the antitrust watchdog.
Nuclearelectrica ended the first nine months of 2021 with a net profit of RON641.1 million, up 34% on the year, and revenue of RON2.2 billion, up 23% on the year, due to higher electricity prices.
Romania’s energy ministry is the largest shareholder of Nuclearelectrica, with an ownership stake of 82.5%.