Competition Council authorized the transaction through which Tinmar Energy S.A takes over Intercereal S.A., the authority announced.

Tinmar Energy S.A. has as main object of activity the sale of electricity. Intercereal S.A. carries out intermediation activities with agricultural raw materials, live animals, textile raw materials and semi-finished products.

Following the analysis, the Competition Council found that this transaction 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 about its compatibility with a normal competitive environment.

The decision will be published on the website of the national competition authority, after the removal of confidential information.