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News from Members MPR Partners assisted J. Christof E&P Services S.R.L owned by Christof Industries Global in the cross-border notification of an economic concentration concerning outsourced services in Romania and Serbia

MPR Partners assisted J. Christof E&P Services S.R.L owned by Christof Industries Global in the cross-border notification of an economic concentration concerning outsourced services in Romania and Serbia

by MPR Partners | Maravela, Popescu & Asociații November 17, 2020

MPR Partners | Maravela, Popescu & Asociații assisted J. Christof E&P Services S.R.L. and Christof Private Firefighting Services S.R.L. with  the notification to Romanian and Serbian competition authorities of the economic concentration arisen from the externalization by OMV Petrom S.A. of several operations and general surface services, ancillary to extraction and production of petroleum as well as natural gas, together with the relevant assets and dedicated staff.

The outsourcing concerns surface and transport services, operation and minor maintenance, firefighting and ambulance services, field operation services, treatment facilities operation services for five lots throughout Romania. The consortium composed of J. Christof E&P Services S.R.L. and Christof Private Firefighting Services S.R.L. has been awarded two of the auctioned lots.

The merger control notifications were successful, the competition authorities from both Romania and Serbia concluding that this operation does not raise significant competition obstacles in neither of the two respective jurisdictions.

For this matter, MPR Partners allocated a team of competition specialized lawyers, coordinated by Founding Partner Alina Popescu. Senior Associate Magda Grigore and Associates Oana Săvulescu and Andreea Bădiceanu were equally part of the team. The assistance provided included the relevant competition assessments and related strategy, drafting and submitting the notification to the Romanian Competition Council, selecting the Serbian counsel and reviewing the notification submitted to the Serbian competition authority.

D&B David and Baias law firm equally assisted J. Christof E&P Services S.R.L. and Christof Private Firefighting Services S.R.L. regarding the notification submitted in Romania.

Karanovic & Partners law firm provided local assistance in Serbia with regard to the notification formalities.

Further detail about MPR Partners | Maravela, Popescu & Asociații is available at http://www.mprpartners.com

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