“The year 2015 continued the effervescence of the previous year. The macroeconomic stability brought back the positive sentiment to the business perspectives and offered confidence for investors to implement the development strategies. The favorite sector by transactions value in 2015 in Romania, as well as in Central and Southeastern Europe, was the financial-banking sector, expected to continue to be active alongside sectors like IT, production, energy or services,” said Florin Vasilica, head of transaction advisory services with EY.
Most of the transactions were carried out by foreign investors. The most important foreign investors were from the USA (10%), followed by Ireland and Great Britain (8% each), unlike the previous year, when the market was dominated by Germany and Austria.
Of the 123 transactions carried out last year, 39% were made public, compared with 36% in 2014. The average value of transactions below $100 million remained constant at $21 million, E&Y said.
The IT, energy and mining sector were the most active sectors, registering most of the transactions (13 each), followed by the real estate segment (12 transactions) and service and healthcare sectors (11 transactions each).