The companies “Cifrotech” SRL, “Interacces-M” SRL, “Glamis” SRL and “BTS PRO” SRL will pay fines of about 2 million lei into the state budget for violating the competition legislation. In a press release, the Competition Council said the companies were fined for refusing to allow carrying out the planned inspection, while “BTS PRO” SRL also for misleading employees of the Competition Council, IPN reports.

Owing to the obstacles created by the mentioned business entities, the goal of the inspection could not be achieved and these prevented the obtaining of relevant information for investigating the alleged case of violation of the competition legislation that was initiated by an order of the plenum of the Competition Council.

Another eight companies were penalized by the Competition Council for violating the competition legislation by reaching an anti-competition agreement to set the exchange rates of currencies for currency exchange operations in a coordinated way. “Activ Prim” SRL was fined 16,692 lei, “Ramforinh” SRL  – 15,146 lei, Bartolomeu” SRL – 3,823 lei, “Lozcoz” SRL – 3,063 lei, “Olnast AG” SRL – 2,583 lei, “Lavronix” SRL – 1,943 lei, “Dragotin Prim” SRL – 1,461 lei, “Oanta - Schimb” SRL – 359 lei. The fine is to be paid into the state budget within 60 days.