Corden BioChem Romania S.R.L., part of the International Chemical Investors Group, owns the Podari bioethanol plant.
Getec Servicii Energetice S.R.L. supplies the Podari plant with steam and electricity.
Following the transaction, Corden BioChem Romania S.R.L. will resume bioethanol production at the Podari plant, developing and manufacturing products in the biotechnology sector.
Following the analysis, the Competition Council found that this operation does not raise significant obstacles to effective competition on the Romanian market or a substantial part of it and that there are no serious doubts regarding its compatibility with a normal competitive environment.
The decision will be published on the website of the national competition authority after the removal of confidential information.