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Nov 13, 2020 15:06 EEST
November 13 (SeeNews) - Romania's competition authority said it approved Rompetrol Downstream's right to use nine petrol stations owned by local fuel distribution group Comision Trade.
"Following a review of the transaction, the Competition Council found that it does not raise significant obstacles to effective competition in the market, in particular by establishing or strengthening of a dominant position," the anti-trust body said in a statement on Thursday.
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The nine fuel distribution stations are located in Agigea, Braila, Focsani, Mangalia, Brasov, Zarnesti, Caracal, Caras Severin and Targu Jiu.
Comision Trade Group was established in 1994 and is mainly active in motor fuel distribution and sale. The group also sells and distributes food and general goods and is active in the domestic and international road transport sectors.
Comision Trade has been a Rompetrol partner since 2005 and is currently operating some stations in the Rompetrol franchise system.
Rompetrol Downstream is the operator of 818 retail gas stations network of the Romanian private oil group Rompetrol, which is part of Dutch-based KMG International Group.
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