“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”, the antitrust watchdog said in its statement on Monday.
Polisano pharmacies ended 2021 with a turnover of RON44.6 million, up 10% on the year.
The Marcos Provit network ended 2021 with a turnover of RON161 million, up 20% on the year, and a profit of almost RON3 million, as per finance ministry data. The company is held by Andrei Isac and Gabriel Neagu, in line with data on the confidas.ro platform.
In June 2022, the Competition Council also approved a transaction whereby Marcos Provit acquired the Gifarm pharmacy in Tecuci at end-March 2022.