The five deals concern the acquisition of local firms by foreign investors and of companies located abroad by local investors, Matei Filipidescu, the head of the department, said Monday.

The value of the Romanian mergers and acquisitions market doubled on the year to $788 million in 2012 despite the reduction of the number of deals, E&Y Romania said in February.

E&Y expects the local M&A market will increase this year, supported by privatizations and deals in the financial and green power sectors.

According to Filipidescu, at least three companies whose listing is brokered by BCR will be floated on the Bucharest bourse in 2014.

Gas producer Romgaz and building materials producer AdePlast are two of the companies whose public offering is brokered by BCR.

Subiecte #BCR#M&A