Companies
Oradea-Based Kifra Sends Linen, Home and Car Perfumes Across Europe
Kifra, a linen, home and car perfume producer of Oradea, has come to send its fragrances across Europe.
US’ Ingredion Buys Starch Plant In Tandarei
US-held Ingredion will buy 49% in AGFD Tandarei (Ialomita County, southern Romania) from Agrana Stärke, a subsidiary of Austria’s Agrana Group. The deal is subject to approval by competition...
Autonom Increases Its Holding In Millenium Insurance Broker By Purchasing RON531,000 Worth Of Shares
Entrepreneurial ride-sharing company Autonom, held by Stefan brothers, has boosted its ownership stake in insurance-reinsurance brokerage firm Millenium Insurance Broker (stock symbol: MIB)...
EY Assisted Morphosis Capital In Buying Minority Stake In Bulgaria’s EnduroSat
EY’s Strategy and Transactions and Transaction Tax teams from Romania and Bulgaria provided Morphosis Capital with financial and tax due diligence services for the acquisition of a minority...
Poland-Romania Trade Hit EUR11.05B In 2023, Up 27% vs 2020 Level
Trade between Poland and Romania has increased significantly to EUR11.05 billion in 2023, up 27% against 2020, and is expected to exceed EUR14 billion for the 2024 fiscal year.
Competition Council Approves Acquisition Of Plantextrakt And Plantmed By MB Beteiligungs
Romania's Competition Council has authorized the transaction by which MB Beteiligungs GmbH plans to acquire the companies Plantextrakt SRL and Plantmed SRL.
UCM Resita Returns To Profit in 2024
UCM Resita, a company taken over last year by Hidroelectrica, for 2024 reported RON5.55 million turnover, down 85% from 2023. However, the company switched to RON20.5 million profit, from RO...
Liberty Galati Enters Agreement with Creditors To Stabilize Its Business
Liberty Galati, the largest integrated steel producer in Romania, has announced it would enter an agreement with creditors amid political upheaval, the new tariffs imposed by the US over ste...
E.ON Energie Romania Completed 34 Photovoltaic Projects in 2024; Has 18 Projects Underway
E.ON Energie Romania, part of German group E.ON, in 2024 completed and delivered 34 photovoltaic plants to a similar number of partner companies, with the total value of projects reaching al...