The Competition Council analyzes the transaction by which Vinci Energies intends to take over Energobit, ELM Electromontaj Cluj and Energobit Control Systems.
Vinci Energies is part of the Vinci Group, active in several fields, such as: concessions and infrastructure (especially highways and airports), construction, public works and civil engineering, energy services and information technology, the Competition Council announces.
Energobit S.A. operates in the energy field, offering services from the execution, modernization and maintenance of electrical installations, to the production of prefabricated medium and low voltage transformer stations, as well as solutions for energy consumption monitoring systems.
ELM Electromontaj Cluj S.A. specializes in the execution and modernization of high voltage substations and networks.
Energobit Control Systems S.R.L. offers general design services for investments in the energy sector, providing solutions for the design of power stations, transformer stations and power lines.
In accordance with the provisions of the Competition Law (no. 21/1996), this transaction must be authorized by the Competition Council, which will assess it in order to establish its compatibility with a normal competitive environment and will issue a decision within the deadlines provided by law.
