The Competition Council is has under scrutiny the operation by which Leabrook Ltd becomes the sole shareholder of EnergoBit Holding Ltd, the institution announced. Prior to this transaction, EnergoBit Holding Ltd was controlled by Leabrook Ltd and IHC SARL.

In practice, Leabrook Ltd. will also indirectly control the entities owned by EnergoBit Holding Ltd and EnergoBit SA, which in turn controls EnergoBit Control Systems S.R.L., EnergoBit Transformers S.R.L., Energolux Impex S.R.L., EnergoBit Tavrida S.R.L. and ELM Electromontaj Cluj S.A.

Leabrook Ltd in Cyprus is owned by Stefan Gadola, Peter Pal, Ioan Socea and Tudor Alexandru Socea, the founders of the EnergoBit group.

The activity of the EnergoBit group is focused on general contracting, execution, modernization, maintenance of electrical installations, in particular, medium and high voltage; solutions for energy monitoring systems, relay protections and SCADA systems (“Supervisory Control And Data Acquisition”); production of medium/low voltage prefabricated substations, primary and secondary distribution medium voltage cells, low loss and ultra-low oil distribution transformers, electrical panels (protection, automation and SCADA, measurement).