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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. 

 

German retailer Metro may still have to pay EUR 11.3 mln fine in Romania

Romania’s High Court (ICCJ) scrapped the ruling of the Bucharest Court of Appeal in the case of the EUR 11.3 mln fine set by the Competition Council against German retailer Metro.

Consequently, the case will be judged again, News.ro reported. Initially, the Court of Appeal reasoned that Consiliul Concurentei fined Metro was fined after the prescription period expired.

The Competition Council, however, invoked provisions stipulated by the European Union Treaty (TFEU) that prevail over the national legislation.

In 2014, the competition authority fined Metro following an investigation regarding alleged violation of both the Competition Law and the TFEU, by reaching price-fixing agreements between Metro, Real, Selgros, Mega Image retailers and suppliers in the period 2005-2009.

(Photo: Zerbor/ Dreamstime)

andrei@romania-insider.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. 

 

German retailer Metro may still have to pay EUR 11.3 mln fine in Romania

Romania’s High Court (ICCJ) scrapped the ruling of the Bucharest Court of Appeal in the case of the EUR 11.3 mln fine set by the Competition Council against German retailer Metro.

Consequently, the case will be judged again, News.ro reported. Initially, the Court of Appeal reasoned that Consiliul Concurentei fined Metro was fined after the prescription period expired.

The Competition Council, however, invoked provisions stipulated by the European Union Treaty (TFEU) that prevail over the national legislation.

In 2014, the competition authority fined Metro following an investigation regarding alleged violation of both the Competition Law and the TFEU, by reaching price-fixing agreements between Metro, Real, Selgros, Mega Image retailers and suppliers in the period 2005-2009.

(Photo: Zerbor/ Dreamstime)

andrei@romania-insider.com

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