Romania’s Competition Council has launched an antitrust review of Romgaz’s (SNGN) acquisition of the Azomureș chemical plant. Regulatory approval remains the final requirement for the transaction following Romgaz management's endorsement in May.
The deal is valued at €46.46 million and excludes all existing Azomureș debts. Romgaz will finance the purchase through its own sources, with additional payments scheduled for consumables and maintenance.
This acquisition integrates natural gas into industrial activities to diversify the producer's portfolio. Interested parties may submit comments to the Competition Council until August 11, 2026.