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National Railway Supervision Council Slaps Grup Feroviar Roman With RON3.49M Fine
Companies

National Railway Supervision Council Slaps Grup Feroviar Roman With RON3.49M Fine

The National Railway Supervision Council (NRSC), part of Romania's Competition Council, has fined Grup Feroviar Roman (GFR) a total of RON3.49 million for failing to comply with the measures...

Ecaterina Craciun · 30.07.2024 · 14:59 · 1 min
Romania's Energy Regulator Confirms Total Fines Of RON537M For Four Companies In Local Energy Sector
Energy

Romania's Energy Regulator Confirms Total Fines Of RON537M For Four Companies In Local Energy Sector

Romania's energy regulator ANRE confirmed in a press statement on Friday (Feb 9) that it had fined four companies operating in the local energy sector a total RON537 million.

Ecaterina Craciun · 10.02.2024 · 00:02 · 1 min
Competition Council Slaps Four Companies With RON123M Fine For Price Fixing
Companies

Competition Council Slaps Four Companies With RON123M Fine For Price Fixing

Romania's Competition Council has fined SEROM (Samsung Electronics Romania and Bulgaria), Dante International (eMag), Altex Romania and Flanco Retail a total RON123 million for participating...

Ecaterina Craciun · 08.02.2024 · 21:56 · 1 min
Romania's Antitrust Watchdog Fines Eight Companies Active On Protective Equipment Market
Companies

Romania's Antitrust Watchdog Fines Eight Companies Active On Protective Equipment Market

Romania’s Competition Council has slapped eight companies that sell products and personal protective equipment for work safety and healthcare industry with fines amounting to RON4.88 million...

Ecaterina Craciun · 23.12.2022 · 23:07 · 1 min
Financial Watchdog Fines City Insurance Board Members
Companies

Financial Watchdog Fines City Insurance Board Members

Romania's financial supervisory authority has fined members of the management and supervisory boards of City Insurance, the biggest insurance company on the local market, a total of RON3.8 m...

Oana Gavrila · 26.01.2021 · 11:05 · 1 min
Filip&Company: Romania Antitrust Body Imposed Over EUR70M In Fines In 2020
Companies

Filip&Company: Romania Antitrust Body Imposed Over EUR70M In Fines In 2020

Romania’s Competition Council has imposed over EUR70 million in fines in 2020, the year which came after a period of transition during which the antitrust body did not finalize a large numbe...

Ecaterina Craciun · 19.01.2021 · 15:45 · 1 min
Antitrust Body Fines ALB Romania, 16 Leasing Firms EUR8.4M For Exchange Of Commercially Sensitive Information
Companies

Antitrust Body Fines ALB Romania, 16 Leasing Firms EUR8.4M For Exchange Of Commercially Sensitive Information

Romania's Competition Council on Tuesday said it has fined the association of financial companies in Romania (ALB) and 16 member companies a total RON41.2 million (nearly EUR8.47 million) fo...

Ecaterina Craciun · 12.01.2021 · 16:09 · 1 min
Antitrust Body Fines Nine Romanian Agricultural Machinery Traders EUR26.1M For Price Fixing
Companies

Antitrust Body Fines Nine Romanian Agricultural Machinery Traders EUR26.1M For Price Fixing

Romania's Competition Council said Thursday it has fined nine companies active on the agricultural machinery market a total RON127 million (nearly EUR26.5 million) for fixing the sale price...

Ecaterina Craciun · 08.01.2021 · 13:36 · 1 min
Antitrust Body Fines Large Retailers, Suppliers EUR18.8M for Price Fixing
Retail&Consumer

Antitrust Body Fines Large Retailers, Suppliers EUR18.8M for Price Fixing

Romania's antitrust body said Thursday it has fined retailers Auchan, Cora and Carrefour, as well as four of their suppliers, a total of RON87.7 million (EUR18.8 million) for price fixing.

Oana Gavrila · 31.01.2019 · 16:22 · 1 min