The antitrust body found Transgaz in violation of competition rules by distorting the competitive process in eight public procurement procedures organized in 2011.
Transgaz emphasizes the investigation refers to actions aimed at the way in which awarding procedures were developed for procurement contracts carried out by Transgaz during 2009-2011, before the implementation of private management at Transgaz and that there are no investigations by the Competition Council into tenders organized by Transgaz in recent years.
The company said it has exercised its right to defence but as the investigation initiated by the Competition Council was a risk factor on the company’s activity, the company set up in 2019 a provision for this potential dispute.
Transgaz is 58.5% owned by the Romanian state.