“MVM expresses regret that the Government of Romania does not support the deal, despite the contracting parties having cooperated with the Romanian government and authorities in every respect,” the group officials said.
The agreement between the two parties was signed at the end of last year, but the Energy Ministry notified the Commission for Examination of Foreign Direct Investment to assess the deal, which the ministry said was affecting national security.
Therefore, in January this year, the institution run by Sebastian Burduja explained that the MVM Group might have ties with the Russian Federation.
“MVM has extensive business relations with Gazprom and Rosatom, Russian companies subject to international sanctions, through which Hungary continues to be highly dependent on the Russian natural gas and nuclear technology. Elements of decisive influence, shadow control, influence by economic dependence and effective control were identified in both the MVM Group and the company through which the majority stake in E.ON Energie Romania should be bought.”
The Commission then issued a decision not approving the deal in August, saying, however, the final decision rested with the Supreme Council of National Defense, led by the newly invested President Nicusor Dan.
At the end of November, the Presidential Administration confirmed for Mediafax that the deal had not been approved.
(English version by Loredana Fratila-Cristescu)