ACQUISITION
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Vodafone And Digi Announce Completion Of Telekom Romania Mobile Acquisition
Vodafone Romania on Wednesday announced the completion of the acquisition of Telekom Romania Mobile Communications, which means the former fixed telephony monopoly Romtelecom will disappear...
Businessman Omer Susli Buys Caderea Bastiliei Street Office Building Via Praktiker Real Estate Romania
Praktiker Real Estate Romania, a company owned by businessman Omer Susli, has signed a sales-purchase precontract for an office building in Bucharest’s Caderea Bastiliei street with insuranc...
PE Fund Resource Partners Takes Over Majority Stakes in iaBilet and BestMusic Concerts
Private equity fund Resource Partners has taken over the majority stake of 82.5% in ticketing platform iaBilet and a 55% stake in BestMusic Concerts, from NCH Capital and founding shareholde...
European Bank For Reconstruction And Development Approves New Country Strategy For Romania
The Board of Directors of the European Bank for Reconstruction and Development has approved a new Country Strategy for Romania which will guide the Bank’s investment and policy engagement in...
OMV Petrom Completes Acquisition of 50% in Bulgaria Major Solar Project
OMV Petrom, the largest integrated power producer in Southeastern Europe, has completed the acquisition of the 50% stake in Gabare photovoltaic project developed by Enery in Bulgaria.
One United Properties Buys 1.4-Ha Land Plot for EUR11.4M in Lake Tei Area for New Mixed-Use Development
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, has acquired a new 14,295-sqm land plot near Lake Tei...
PartnerVet Buys KarmaVet Medical Vet Clinic of Tulcea
PartnerVet group, a company controlled by Romanian entrepreneur Ferenc Korponay and Dragic family, has integrated vet clinic KarmaVet Medical of Tulcea in its portfolio of partner clinics.
APACA Owner Buys Scala Block of Flats in Recent Years’ Most Spectacular Real Estate Deal in Downtown Bucharest
Daniela Schoppmeyer, a majority stakeholder in Faberrom, the company inheriting the former Romania textile mammoth APACA, has acquired half of Scala block of flats, a flagship building of in...
Prima Development Group Buys Two-Ha Land Plot for EUR4M To Expand PRIMA Solis Housing Compound
Real estate developer Prima Development Group of Oradea has acquired a two-hectare land plot next to PRIMA Solis housing compound, whose construction was set off this summer on the former in...