Maravela|Asociaţii assisted CEE chemicals producer Chimcomplex

in the merger review procedure whereby the Romanian Competition Council has

authorised the takeover of Oltchim’s assets.

The Romanian

Competition Council approved Chimcomplex’s 127 million EUR takeover of assets

of the petrochemical plant Oltchim S.A.

Maravela|Asociații

team that assisted Chimcomplex with the notification and Competition Council’s review

consisted of Alina Popescu, founding partner and head of the Competition

practice, Răzvan Pele, counsel and Magda Grigore, associate.

„We are proud of the outcome, as the decision concerns

a complex concentration between two major players of the chemical industry and

the merger review work has raised many interesting aspects of competition law. We

are thankful for the close cooperation with all parties involved.” Alina Popescu, Founding Partner of Maravela|Asociații

The firm’s competition

department has a wealth of experience in all segments of competition law,

including merger control, anti-competitive practices, dominant position abuse,

on-site and forensic investigation procedures, State aid matters and unfair

competition.

The outstanding advice

provided by Maravela|Asociații’s competition team has been repeatedly

acknowledged by the firm's clients. For instance, one of the partners of a

major U.S. based law firm has commended one of the firm’s competition related assignments

as "the most comprehensive and best

analysis, in a timely fashion and very well written" compared with those

of "over 20 law firms in the past 15

years".

Firm’s

competition clients include major international and local companies, such as, Alphatron

Marine, Autotehnica Fleet Services, BBraun Avitum, Betty Ice, Chimcomplex,

Eberspächer, Japan Radio Co., Monsanto, etc.

Maravela|Asociații’s

competition team members are active contributors to publications on competition

law. Recently, they have provided extensive literature to several reputed

international publications such as the Romanian chapters of International Comparative Legal Guides: Merger control, Getting the Deal Through: State aid, Lexology Navigator: Cartels.

Further information

about the team, the practice areas and the services of Maravela|Associații are

available on the firm’s official website here.