{"id":2817,"date":"2018-12-07T14:19:23","date_gmt":"2018-12-07T12:19:23","guid":{"rendered":"https:\/\/investors.bittnet.ro\/?p=2817"},"modified":"2019-06-24T10:54:54","modified_gmt":"2019-06-24T07:54:54","slug":"competition-council-resolution-regarding-crescendo-international-business-transfer","status":"publish","type":"post","link":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/","title":{"rendered":"Competition Council Resolution regarding Crescendo International business transfer"},"content":{"rendered":"<p>BITTNET SYSTEMS S.A. (hereinafter referred to as the &#8220;Company&#8221;) informs the shareholders about receiving from de Competition Council of the Decision no. 68\/05.12.2018 regarding the business transfer of Crescendo International SRL to Bittnet Systems SA, investment on which the Company informed the capital market on 15 October 2018. The Board of the Competition Council issued the positive decision on the &#8220;economic concentration operation to be achieved by acquiring the sole control over certain assets and activities of Crescendo International SRL&#8221;. The notified transaction takes place under the &#8220;Business Transfer Agreement&#8221; through which Crescendo International SRL will transfer to Bittnet Systems SA a significant part of its business, representing 97% of the comercial fund determined as rate of the turnover.<\/p>\n<p><a href=\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2018\/12\/CR29-current-report_EN.docx\">CR29 current report_EN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BITTNET SYSTEMS S.A. (hereinafter referred to as the &#8220;Company&#8221;) informs the shareholders about receiving from de Competition Council of the Decision no. 68\/05.12.2018 regarding the business transfer of Crescendo International SRL to Bittnet Systems SA, investment on which the Company informed the capital market on 15 October 2018. The Board of the Competition Council issued&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[389,398],"tags":[],"class_list":["post-2817","post","type-post","status-publish","format-standard","hentry","category-current-reports","category-latest-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Competition Council Resolution regarding Crescendo business transfer<\/title>\n<meta name=\"description\" content=\"Competition Council Resolution regarding Crescendo International business transfer - Decision no. 68\/05.12.2018 regarding the business transfer of Crescendo\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Competition Council Resolution regarding Crescendo business transfer\" \/>\n<meta property=\"og:description\" content=\"Competition Council Resolution regarding Crescendo International business transfer - Decision no. 68\/05.12.2018 regarding the business transfer of Crescendo\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/\" \/>\n<meta property=\"og:site_name\" content=\"Bittnet Investors Relations Site\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BittnetSystems\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-07T12:19:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-24T07:54:54+00:00\" \/>\n<meta name=\"author\" content=\"Lucian Bratu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@NA\" \/>\n<meta name=\"twitter:site\" content=\"@NA\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lucian Bratu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/\"},\"author\":{\"name\":\"Lucian Bratu\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#\/schema\/person\/54d368673105e588c70afb8404cdf81b\"},\"headline\":\"Competition Council Resolution regarding Crescendo International business transfer\",\"datePublished\":\"2018-12-07T12:19:23+00:00\",\"dateModified\":\"2019-06-24T07:54:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/\"},\"wordCount\":128,\"publisher\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#organization\"},\"articleSection\":[\"Current reports\",\"Latest news\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/\",\"name\":\"Competition Council Resolution regarding Crescendo business transfer\",\"isPartOf\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\"},\"datePublished\":\"2018-12-07T12:19:23+00:00\",\"dateModified\":\"2019-06-24T07:54:54+00:00\",\"description\":\"Competition Council Resolution regarding Crescendo International business transfer - Decision no. 68\/05.12.2018 regarding the business transfer of Crescendo\",\"breadcrumb\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/investors.bittnet.ro\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Competition Council Resolution regarding Crescendo International business transfer\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/\",\"name\":\"Bittnet Investors Relations Site\",\"description\":\"Your Value. Upgraded.\",\"publisher\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/investors.bittnet.ro\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#organization\",\"name\":\"Bittnet Group\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2019\/05\/logo-grup.png\",\"contentUrl\":\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2019\/05\/logo-grup.png\",\"width\":807,\"height\":442,\"caption\":\"Bittnet Group\"},\"image\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/BittnetSystems\/\",\"https:\/\/twitter.com\/NA\",\"http:\/\/na\",\"https:\/\/www.linkedin.com\/company\/bittnet-group\/\",\"https:\/\/www.youtube.com\/user\/BittnetSystems\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#\/schema\/person\/54d368673105e588c70afb8404cdf81b\",\"name\":\"Lucian Bratu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/513b65b0b016358dca547a602245f3f3e266929435b0a2b192f812114d4f144d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/513b65b0b016358dca547a602245f3f3e266929435b0a2b192f812114d4f144d?s=96&d=mm&r=g\",\"caption\":\"Lucian Bratu\"},\"url\":\"https:\/\/investors.bittnet.ro\/en\/author\/lucian-bratu\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Competition Council Resolution regarding Crescendo business transfer","description":"Competition Council Resolution regarding Crescendo International business transfer - Decision no. 68\/05.12.2018 regarding the business transfer of Crescendo","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/","og_locale":"en_US","og_type":"article","og_title":"Competition Council Resolution regarding Crescendo business transfer","og_description":"Competition Council Resolution regarding Crescendo International business transfer - Decision no. 68\/05.12.2018 regarding the business transfer of Crescendo","og_url":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/","og_site_name":"Bittnet Investors Relations Site","article_publisher":"https:\/\/www.facebook.com\/BittnetSystems\/","article_published_time":"2018-12-07T12:19:23+00:00","article_modified_time":"2019-06-24T07:54:54+00:00","author":"Lucian Bratu","twitter_card":"summary_large_image","twitter_creator":"@NA","twitter_site":"@NA","twitter_misc":{"Written by":"Lucian Bratu","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/#article","isPartOf":{"@id":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/"},"author":{"name":"Lucian Bratu","@id":"https:\/\/investors.bittnet.ro\/en\/#\/schema\/person\/54d368673105e588c70afb8404cdf81b"},"headline":"Competition Council Resolution regarding Crescendo International business transfer","datePublished":"2018-12-07T12:19:23+00:00","dateModified":"2019-06-24T07:54:54+00:00","mainEntityOfPage":{"@id":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/"},"wordCount":128,"publisher":{"@id":"https:\/\/investors.bittnet.ro\/en\/#organization"},"articleSection":["Current reports","Latest news"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/","url":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/","name":"Competition Council Resolution regarding Crescendo business transfer","isPartOf":{"@id":"https:\/\/investors.bittnet.ro\/en\/#website"},"datePublished":"2018-12-07T12:19:23+00:00","dateModified":"2019-06-24T07:54:54+00:00","description":"Competition Council Resolution regarding Crescendo International business transfer - Decision no. 68\/05.12.2018 regarding the business transfer of Crescendo","breadcrumb":{"@id":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/investors.bittnet.ro\/en\/competition-council-resolution-regarding-crescendo-international-business-transfer\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/investors.bittnet.ro\/en\/"},{"@type":"ListItem","position":2,"name":"Competition Council Resolution regarding Crescendo International business transfer"}]},{"@type":"WebSite","@id":"https:\/\/investors.bittnet.ro\/en\/#website","url":"https:\/\/investors.bittnet.ro\/en\/","name":"Bittnet Investors Relations Site","description":"Your Value. Upgraded.","publisher":{"@id":"https:\/\/investors.bittnet.ro\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/investors.bittnet.ro\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/investors.bittnet.ro\/en\/#organization","name":"Bittnet Group","url":"https:\/\/investors.bittnet.ro\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/investors.bittnet.ro\/en\/#\/schema\/logo\/image\/","url":"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2019\/05\/logo-grup.png","contentUrl":"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2019\/05\/logo-grup.png","width":807,"height":442,"caption":"Bittnet Group"},"image":{"@id":"https:\/\/investors.bittnet.ro\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/BittnetSystems\/","https:\/\/twitter.com\/NA","http:\/\/na","https:\/\/www.linkedin.com\/company\/bittnet-group\/","https:\/\/www.youtube.com\/user\/BittnetSystems"]},{"@type":"Person","@id":"https:\/\/investors.bittnet.ro\/en\/#\/schema\/person\/54d368673105e588c70afb8404cdf81b","name":"Lucian Bratu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/investors.bittnet.ro\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/513b65b0b016358dca547a602245f3f3e266929435b0a2b192f812114d4f144d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/513b65b0b016358dca547a602245f3f3e266929435b0a2b192f812114d4f144d?s=96&d=mm&r=g","caption":"Lucian Bratu"},"url":"https:\/\/investors.bittnet.ro\/en\/author\/lucian-bratu\/"}]}},"_links":{"self":[{"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/posts\/2817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/comments?post=2817"}],"version-history":[{"count":1,"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/posts\/2817\/revisions"}],"predecessor-version":[{"id":2819,"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/posts\/2817\/revisions\/2819"}],"wp:attachment":[{"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/media?parent=2817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/categories?post=2817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investors.bittnet.ro\/en\/wp-json\/wp\/v2\/tags?post=2817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}