Current report January 22, 2019: Information on the status of the civil action ALRO - Competition Council.

Tue, 01/22/2019 - 17:53

Significant event to be reported: Information on the status of the civil action lodged by ALRO S.A. against the Competition Council concerning the former’s claim for the cancellation of the Sanction decision no. 82/2015 issued by the Competition Council

In the case file 954/2/2016 pending before the Bucharest Court of Appeal, whose object-matter is both the claim for the cancellation an administrative document – i.e. the sanction report, as well as the claim for the cancellation of the sanction decision no.82/2015 issued by the Competition Council, following the attachment of the case file 3536/2/2016, on the hearing date of January 21, 2019, the Court postponed the case until April 1st, 2019, so that the legal representative of the defendant can be informed about the application initiating proceedings before the Court of Justice of the European Union submitted by the complainant, as per the information posted on the Courts‘ website.

As concerns the status of the above case files, Alro S.A. will inform the general public and the investors in due course.