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The Competition Council is analyzing the transaction through which The New Originals Company GmbH intends to take over the assets held by Dr. Oetker Romania.
The assets being taken over are related to the soy product business conducted in Romania by Dr. Oetker under the Inedit brand.
Dr. Oetker is a company whose main business activity is the specialized wholesale of other foods, including fish, crustaceans, and mollusks. The New Originals Company GmbH is a member of the Raiffeisen investment holding, which is present on the Romanian market through investments in companies active in financial markets, various fields of industrial production, energy, IT, and consumer goods distribution.
In the soy products market, Raiffeisen is present through sales generated by the Slovakian producer, Alfa Bio s.r.o.
According to the provisions of the Competition Law (no. 21/1996), this operation must be authorized by the Competition Council, which will evaluate it to determine its compatibility with a normal competitive environment and will issue a decision within the timeframes provided by law.