“The antitrust watchdog assessed the economic concentration operation in terms of its compatibility with the normal competitive environment and found it poses no significant obstacles in terms of actual competition on the Romanian market, or on a significant part of it, especially by creating or consolidating a dominant position”, the antitrust watchdog said in a statement.
Holcim has two cement plants in Romania, in Campulung (Arges County) and Alesd (Bihor), a grinding station, 15 ecological ready-mix plants, three aggregates plants, two special binders plants and three cement terminals in Bucharest, Turda and Roman, respectively.
Somaco has six factories located in Roman (Neamt County), Adjud (Vrancea County), Buzau, Teius (Alba County), Targoviste (Dambovita County) and Timisoara, respectively. The company ended 2018 with a turnover of RON212.6 million and a profit of RON18.8 million, according to Finance Ministry data.