Stratulat Albulescu has helped Konig Frankstahl S.R.L. obtain authorization to take over the business line related to metallurgical products belonging to Frankstahl Romania S.A. in a simplified merger control procedure before the Romanian Competition Council.
Founded in 2006, Konig Frankstahl is a distributor of metal products and metal ores. The company supplies products such as rectangular pipes, round pipes with and without welding, precision pipes, hydraulic pipes, carbon steels, alloy steels, and calibrated steels. The company also offers cutting services, hot and cold bending, pipes and profiles, stamping and delivery for its products, as well as specialized consulting for customers.
According to Stratulat Albulescu, “following the assessment of the effects of the economic concentration, the Romanian Competition Council concluded that the proposed procedure does not raise significant obstacles to effective competition on the Romanian market (or on a substantial part of it) and that there are no serious doubts regarding its compatibility with a normal competitive environment.”
Stratulat Albulescu’s team was led by Partner Ana Kusak and included Associate Madalina Spataru.