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Tuesday, December 18, 2018 
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Current report sanction imposed by The Competition Council

Release Date: 1/5/2018 8:40:27 AM

IRIS Code: DB893


Report date: 05.01.2018

Important events to be reported: Sanction imposed by The Competition Council

Electromagnetica SA took note of the Competition Council’s minute of December 20, 2017, file no. 10/2017, by which it decided the sanction of the company with the amount of lei 10.024.824,88 representing 4,23% of the 2016 turnover for an alleged infringement of Art. 5 (1) of the Competition Law and Art. 101 (1) of TFEU.

The investigation was triggered by Order No. 577/23.09.2015 on the market for the production and trading of electricity meters and related equipment for energy measurement and on the market of services related to the measurement of electricity.

We hereby announce to the shareholders that, on the date Electromagnetica receives the reasoned decision of the Competition Council's, we will challenge the sanction decision in court.


Eugen Scheusan



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