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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

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RO Competition body screens outsourcing of well services by OMV Petrom

The Romanian Competition Council analyzes the transaction through which OMV Petrom outsources some well intervention and repair services, operations related to oil and natural gas extraction and production activities, together with servicing assets and employees, to the consortium formed by Christof MB Well (RO), J. Christof E&P Services (RO)and MB Well Services (Germany).

The consortium of the three firms submitted a final bid and was designated as the highest-ranked bidder for the Moesia Production Area.

The procedure involves the sale of movable property, the rental of immovable property, as well as the transfer of employees to the consortium. At the end of the contract period (eight years from the date of signing the notification of its entry into force by OMV Petrom and the Consortium), certain assets and employees will be returned to OMV Petrom.

In accordance with the Competition Law provisions (no. 21/1996), this operation is an economic concentration that must be authorized by the Competition Council.

andrei@romania-insider.com

(Photo source: Mihai Olaru/Dreamstime.com)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB
 

RO Competition body screens outsourcing of well services by OMV Petrom

The Romanian Competition Council analyzes the transaction through which OMV Petrom outsources some well intervention and repair services, operations related to oil and natural gas extraction and production activities, together with servicing assets and employees, to the consortium formed by Christof MB Well (RO), J. Christof E&P Services (RO)and MB Well Services (Germany).

The consortium of the three firms submitted a final bid and was designated as the highest-ranked bidder for the Moesia Production Area.

The procedure involves the sale of movable property, the rental of immovable property, as well as the transfer of employees to the consortium. At the end of the contract period (eight years from the date of signing the notification of its entry into force by OMV Petrom and the Consortium), certain assets and employees will be returned to OMV Petrom.

In accordance with the Competition Law provisions (no. 21/1996), this operation is an economic concentration that must be authorized by the Competition Council.

andrei@romania-insider.com

(Photo source: Mihai Olaru/Dreamstime.com)

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