Acasă » Electricity » Competition authorizes the takeover of some assets of the National Uranium Company by Nuclearelectrica

Competition authorizes the takeover of some assets of the National Uranium Company by Nuclearelectrica

18 November 2021
Electricity
Energynomics

Competition Council authorized the transaction through which Nuclearelectrica takes over from the National Uranium Company the assets related to the technical processing line of the uranium concentrate of Refining Plant E – Feldioara Branch, according to a release of the competition authority.

The assets related to the technical processing line of the uranium concentrate of Refining Plant E – Feldioara Branch represent a unitary set of assets, able to carry out independent economic activities, the intention of Nuclearelectrica, as buyer, is to continue the activity taken over at the transfer date, respectively the production of sinterable uranium dioxide (UO2) powder.

The E Refining Plant – Feldioara Branch was built for the processing of uranium concentrate in Romania, ensuring, exclusively, the necessary raw material for FCN Piteşti. Refining Plant E – Feldioara Branch meets all operating conditions, in strict compliance with national and EU legislation, as well as international bodies – International Atomic Energy Agency (IAEA)/ EURATOM Supply Agency (ESA).

Following the analysis, the Competition Council found that this operation does not raise significant obstacles to effective competition on the Romanian market or on a substantial part of it and that there are no serious doubts as to its compatibility with a normal competitive environment.

Autor: Energynomics

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