Tag: investigation

Competition Council fined three companies over electricity meters deals – Romania, 22 January 2018

Romanian Competition Council imposed fines totaling 1.1 million euros to three companies, for an agreement aimed at limiting the sale of TR2520A electricity measuring transducers on the territory of Romania. The sanctioned companies are: ARC Brasov, Dranetz Technologies Inc. and GMC-I Messtechnik GmbH. The statement from the Council said that after the investigation initiated following […]

Competition Council imposed fines on electricity meters cartel – Romania, 8 January 2018

Romanian Competition Council imposed fines totaling 15.8 million euros to six companies, which were found guilty of setting up two anti-competition deals for the sale of smart metering products and additional equipment in the electricity sector. The biggest fine in the amount of 5.9 million euros was imposed to Landis+Gyr AG. The other fined companies […]

Transelectrica suspected of rigging tenders – Romania, 4 January 2018

The Romanian Competition Council announced that it has opened an investigation in the possible rigging of tenders organized by the state-owned electricity transmission system Transelectrica. The tenders in question are related to the procurement of services for maintenance and modernization of the electricity network. The investigation was started based on information provided by Transelectrica itself, […]