Competition Council approves two Romanian entrepreneurs taking over Gazprom gas stations
The Competition Authority has approved the acquisition of Gazprom's gas station network by Romanian entrepreneurs Iulian Stanciu and Adrian Cretoiu, stating it does not harm competition. The decision, based on Article 47 of the Competition Law, confirms that the merger does not raise serious concerns about competitive compatibility. The acquisition involves joint control over NIS Petrol SRL, which operates the gas stations. The transaction is characterized as vertical integration, with no significant market overlaps identified. The entrepreneurs must pay an authorization fee based on their reported turnover.