The Competition Council in Romania analyzes the transaction by which MOL RES Investments, Riverland and Fonix intend to take over ALTEO Energy Services Plc. from Hungary.
ALTEO Energy Services Plc. is active on the Hungarian market in the field of energy and natural gas production, energy trading, as well as personalized energy services.
MOL RES Investments Zrt., part of the MOL group, carries out activities such as the exploration, production and refining of crude oil, the wholesale and retail distribution of refined petroleum products, the production and sale of petrochemical products, the exploration and production of natural gas and the supply of natural gas in Hungary. The MOL Group is present on the Romanian market through the companies MOL Romania Petroleum Products, Panfora Oil&Gas and Rotary D&WS.
Riverland is a private investment fund present on the local real estate market through the companies ERP Târgu Mureș, IK Bucharest Business Center, IK Băneasa Business Center and Shopping Mall Invest.
Fonix is a private investment fund from Hungary that does not have any registered subsidiary in Romania.