The latest move happened at the end of 2017 and it was a sale, more precisely the sale of construction materials manufacturer Macon for tens of millions of euros, according to estimates at the time.

Polish-held private equity firm Enterprise Investors owns only one business in Romania, toy manufacturer, distributor and retailer Noriel.

“We are now actively looking for opportunities for deals by generating our own projects and also analyzing propositions from consultants or participating in sale processes. We do not have a specific budget or allocation for Romania, but we hope to announce at least one deal soon,” says Serban Roman, country director and vice-president of Enterprise Investors.

Enterprise Investors has launched its ninth fund, which will invest EUR20 million to EUR75 million in the companies targeted, the same as its predecessors. The fund will direct half of the money to Poland and half to the other countries in the region, including Romania.

(English version by Loredana Fratila-Cristescu)