According to a press statement released by the antitrust body, Silcotub S.A is a producer of pipes, tubular profiles and related steel accessories, part of international group Tenaris, one of the leading suppliers of pipes and related services especially for the global energy industry.
Silnef S.R.L is a company specialized in collecting and capitalizing on various types of wastes, such as ferrous metal scrap, non-metal scrap or electrical and eletronic equipment.
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.