ACQUISITION
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Blue Air, Moldovan Investors Buy Moldovan State Airline for RON12M
Romanian low-cost airline Blue Air, in consortium with a group pf Moldovan investors, has bought the national airline in the Republic of Moldova.
Medicover Completes Acquisition Of 80% Stake In Pelican Hospital In Oradea
Private healthcare services provider Medicover on Wednesday said it completed the acquisition of the Pelican Hospital in Oradea (western Romania), becoming a majority shareholder with an 80%...
Bitdefender Acquires Australian SMS eTech, Establishes Australian Presence
Romanian cybersecurity company Bitdefender has acquired acquired long-time Australian partner SMS eTech to establish its physical presence in the country, the company said Tuesday.
Telekom Romania Sells Land in Bucharest to One United Properties for EUR18M
Telekom Romania has completed the sale of a plot of land in the Floreasca area in Bucharest to developer One United Properties for over EUR18 million.
German Group Delivery Hero SE Acquires hipMenu Food Delivery Platform
German group Delivery Hero SE, which owns the foodpanda.ro food delivery app in Romania, has acquired local food delivery platform hipMenu, developed by Dan Klausmeier and Ciprian Costa.
Bravcod Buys Penes Turkey Meat Brand from Insolvent Galli Gallo for EUR20M
Farming company Bravcod has brought Romanian turkey meat brand Penes from insolvent producer Galli Gallo for EUR20 million, the seller's judicial administrator CITR said Tuesday.
Germany’s Allgeier Buys iQuest, One Of 20 Largest Software Companies In Romania
German company Allgeier on Monday signed an agreement to take over the majority stake in software solutions provider iQuest Group headquarters in Germany and with development centers in Cluj...
Medicover Group Acquires Phoenix Medical Center in Craiova
Swedish private healthcare services provider Medicover has signed a contract to acquire Phoenix Medical Center in Craiova, southern Romania.
Bittnet Acquires 51% of Elian Solutions
Bittnet Systems (BNET.RO), the first Romanian IT company listed on the Bucharest Stock Exchange, has completed negotiations to acquire 51% of Elian Solutions, a local company implementing ER...