ACQUISITION
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Cyber_Folks Buys Hosterion
Cyber_Folks Romania, part of the Polish international group of the same name, has acquired Hosterion, a leading independent provider of hosting services in Romania.
Romania’s AROBS Clinches First Direct Acquisition in US, Takes Over 70% in Codingscape
AROBS Transilvania Software, a Romanian tech entrepreneurial company, listed at the Bucharest Stock Exchange, has acquired a 70% stake in US company Codingscape, specialized in technology co...
UPDATE: Schwarz Group buys 70% in La Cocos, founder Iulian Nica retains 30%
Germany’s Schwarz Group, the owner of Lidl and Kaufland, is buying 70% in Romanian retailer La Cocos. The founder of the business, entrepreneur Iulian Nica, will keep the remaining 30%.
OMV Petrom Buys 50% In 400MW Photovoltaic Project In Bulgaria
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, is buying 50% in Dunav Solar Plant EOOD, which is developing the Gabare photovoltaic project with an installed cap...
Spain’s Olala! Group Invests Over EUR5M In Buying Hotel Duke Romana And Hotel Duke Armeneasca In Bucharest
Spain’s Olala! Group, which is already present in Romania via Rina Hotels, is investing more than EUR5 million to buy two hotels in downtown Bucharest, Hotel Duke Romana and Hotel Duke Armen...
PeliPartners Assisted Alfa Group in Acquisition of Most of IRIDE Park
Law firm PeliPartners assisted Alfa Group in completing the acquisition of a significant part of IRIDE Business Park and other nearby properties from CPI Romania (part of CPI Property Group)...
Alfa Group Buys Most Of IRIDE Park
Alfa Group, of entrepreneur Alin Niculae, is buying via Iride Development most of the IRIDE Park project and two buildings nearby, with potential for further development.
Insurer SIGNAL IDUNA Gets Watchdog OK to Buy Majority Stake in Garanta Asigurari
Insurance company SIGNAL IDUNA has got the final greenlight from financial watchdog ASF for the acquisition of the majority stake in Garanta Asigurari, owned by The Ethniki, Hellenic General...
Bitdefender Makes New Acquisition: Ireland’s Mesh Security
Bitdefender, one of Romania's most powerful IT companies, which has become a global leader in the cybersecurity market, has reached an agreement to acquire Mesh Security Limited (Mesh), a pr...