The Competition Council authorized the transaction through which Ade Gas Oil Company takes some assets from its associates Azalis SRL, Eurogenetic SRL and Dolchimex SRL, the institution announced.

Ade Gas Oil Company has a liquefied natural gas (LPG) storage facility for autogas in Caracal, Olt County. Ade Gas intends to strengthen its wholesale LPG business by taking over from each of its three associates the assets associated with this activity, including employees.

Following the assessment of the effects of the merger, the Competition Council found that the proposed operation does not significantly impede effective competition on the Romanian market or a substantial part of it, and there are no serious doubts as to its compatibility with a normal competitive environment.