The European Commission Has Approved the Takeover of Artrom Steel Tubes S.A. From Romania by Tenaris
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5 Articles
The European Commission Has Approved the Takeover of Artrom Steel Tubes S.A. From Romania by Tenaris
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(Teleborsa) - The European Commission has approved, pursuant to the EU Merger Regulation, the acquisition of exclusive control of Romanian Artrom Steel Tubes by Tenaris, a company based in...
The European Commission approved, on Tuesday, under the EU Merger Regulation, the taking of sole control over Artrom Steel Tubes S.A. in Romania by Tenaris S.A. in Luxembourg, informs a press release of the Community Executive.
The European Commission approved, on Tuesday, under the EU Merger Regulation, the taking of sole control over Artrom Steel Tubes S.A. in Romania by Tenaris S.A. in Luxembourg.
The European Commission has approved the transaction whereby the multinational giant Tenaris, listed on the New York and Milan stock exchanges, the world's largest producer of pipelines for oil drilling, buys Artrom Steel Tubes, the largest Romanian producer of seamless steel pipes, the owner and operator of the Slatina plant and the steelworks at Resița, which total annual receipts of about 2 billion lei and over 2,000 employees.
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