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Competition Council approves transaction by which Romcim takes over Simbeton

The Competition Council announced it approved the transaction by which cement producer Romcim took over the company Simbeton. The decision will be made public when data with confidential character will be eliminated.

 

Following the analysis, the Competition Council found out the operation did not raise significant obstacles for effective competition in the Romanian market or a substantial part of the latter and there is no serious doubt about its compatibility with a normal competition environment,” the authority mentioned.

 

Romcim SA is a producer of cement, aggregates, concrete and concrete prefab elements. The company owns and operates two cement factories at Medgidia and Hoghiz, a grinding station at Targu Jiu and a network of cement terminals, quarries, aggregate deposits, concrete stations and concrete prefab elements stations.

 

Romcim is controlled by CRH Group, through CHR Romania Holdings UK Ltd.

Simbeton SRL produces and sells concrete prefab elements. The company owns a production unit in Oradea, Bihor county, and a concrete station.

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