16
Mon, Dec
78 New Articles

MPR Partners, D&B David and Baias, and Karanovic & Partners Help J. Christof E&P Services Obtain Merger Approval for OMV Petrom's Outsourced Services in Romania and Serbia

MPR Partners, D&B David and Baias, and Karanovic & Partners Help J. Christof E&P Services Obtain Merger Approval for OMV Petrom's Outsourced Services in Romania and Serbia

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

MPR Partners has helped J. Christof E&P Services S.R.L. and Christof Private Firefighting Services S.R.L. provide notification to Romanian and Serbian competition authorities of the economic concentration arising from OMV Petrom’s externalization 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. D&B David and Baias and Karanovic & Partners provided advice to J. Christof E&P and Christof Private Firefighting Services.

According to MPR Partners, “the outsourcing concerns surface and transport services, operation and minor maintenance, firefighting and ambulance services, field operation services, and 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,” MPR Partners reports, and “the competition authorities from both Romania and Serbia concluded that this operation does not raise significant competition obstacles in neither of the jurisdictions.”

MPR Partners’ team included Partner Alina Popescu. Senior Associate Magda Grigore, and Associates Oana Savulescu and Andreea Badiceanu.

Karanovic & Partners' team included Partner Bojan Vuckovic, Senior Associate Veljko Smiljanic, and Associate Stefan Savic.

D&B David and Baias's team included Managing Partner Sorin David, Managing Associate Lucian Bozian, and Junior Associate Andreea Toncu.