The operation exceeds the value thresholds stipulated by law and will be subject to checkup by the antitrust watchdog. The antitrust watchdog undertakes to assess the economic concentration operation in terms of its compatibility with the normal competitive environment and to issue a decision.
“In accordance with the provisions of competition law no. 21 of 1996, the operation proposed is an economic concentration which exceeds the value thresholds stipulated by law and will be subject to checkup by the antitrust watchdog. Consequently, the antitrust watchdog will assess the economic concentration operation in terms of its compatibility with the normal competitive environment and will issue a decision under the legal deadlines”, the watchdog said in a statement.
ROCA is a company which provides services aimed at revitalizing the Romanian businesses and entrepreneurship, creating new brands and reconditioning brands, through investments in ailing companies and by ensuring a specialized management.
Electroplast SA is a Romanian company manufacturing copper and aluminum electrical conductors.