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ACQUISITION

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Bog’Art Buys Two Plots In Central Bucharest For Residential Development
Real Estate

Bog’Art Buys Two Plots In Central Bucharest For Residential Development

Romania’s largest builder, Bog’Art, has purchased two plots of land for development of luxury homes. The move is part of the company’s strategy to focus on luxury residential development in...

Loredana Frățilă-Cristescu · 28.02.2020 · 00:00 · 1 min
Highlander Partners Buys Majority Stake in Romanian SanoVita
Companies

Highlander Partners Buys Majority Stake in Romanian SanoVita

US-based investment fund Highlander Partners said Wednesdafy it has acquired a majority stake in Romanian SanoVita, one of the most reputable and trusted food brands in Romania.

Oana Gavrila · 19.02.2020 · 18:16 · 1 min
BT Asset Management Cleared to Acquire Pension Fund Certinvest Pensii
Companies

BT Asset Management Cleared to Acquire Pension Fund Certinvest Pensii

BT Asset Management and BT Investments, part of the Banca Transilvania Financial Group, have been cleared by the financial supervisory authority to acquire 100% of Certinvest Pensii, the onl...

Oana Gavrila · 13.02.2020 · 11:55 · 1 min
Antitrust Body Clears Cortina WTB Acquisition By Wetterbest SRL
Companies

Antitrust Body Clears Cortina WTB Acquisition By Wetterbest SRL

Romania’s Competition Council on Friday said it has approved a transaction whereby Wetterbest S.R.L. is acquiring Cortina WTB S.R.L.

Ecaterina Craciun · 07.02.2020 · 15:00 · 1 min
De'Longhi Acquires New Production Plant in Romania
Companies

De'Longhi Acquires New Production Plant in Romania

Italian household appliances manufacturing group De'Longhi on Friday announced the acquisition of a production plant in Romania in Madaras, Bihor county.

Oana Gavrila · 07.02.2020 · 12:53 · 1 min
Businessman Octavian Radu Buys 51% In Five-Star Ioana Hotels In Sinaia
Companies

Businessman Octavian Radu Buys 51% In Five-Star Ioana Hotels In Sinaia

Entrepreneur Octavian Radu who owns several businesses, among which bookstore chain Diverta and mailing company Pink Post, has bought the majority stake (51%) in a five star hotel and restau...

Loredana Frățilă-Cristescu · 31.01.2020 · 09:00 · 1 min
Russian Billionaire Pays RON43M to Reach 98.8% Holding in TMK-Artrom
Capital Market

Russian Billionaire Pays RON43M to Reach 98.8% Holding in TMK-Artrom

TMK Europe has concluded a public purchase offer to acquire additional shares in TMK-Artrom Slatina (ART.RO), offer intermediary IFB Finwest announced on the Bucharest Stock Exchange.

Oana Gavrila · 30.01.2020 · 13:07 · 1 min
Abris Capital: We Set Out to Double or Triple Value of a Company During Investment Cycle
Companies

Abris Capital: We Set Out to Double or Triple Value of a Company During Investment Cycle

Private equity firm Abris Capital, which owns four companies in Romania, is looking into two or three new acquisitions and has an investment budget of EUR30 million to EUR75 milion for each...

Loredana Frățilă-Cristescu · 29.01.2020 · 07:00 · 1 min
Regina Maria Acquires Timisoara-Based Endo Institute
Companies

Regina Maria Acquires Timisoara-Based Endo Institute

Private medical services network Regina Maria has acquired Endo Institute located in western city of Timisoara, the largest endometriosis diagnosis and treatment center in Southeast Europe,...

Ecaterina Craciun · 20.01.2020 · 11:57 · 1 min