The Competition Council analyzes the transaction by which the company ROCA Platform takes over Electroplast, the institution announced.
ROCA Platform is a company that offers services for revitalizing Romanian business and entrepreneurship, creating new brands and brand rebuilding, investing in companies in difficulty and providing specialized management.
Electroplast is a local manufacturer of copper and aluminum electric cables.
“In accordance with the provisions of the Competition Law (No 21/1996), this operation is an economic concentration that exceeds the value thresholds provided by the law and is subject to the control of the Competition Council. We will evaluate this economic concentration in order to establish its compatibility with a normal competitive environment and will issue a decision within the time limits stipulated by the law”, the Competition states.