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Voestalpine Buys Timisoara-Based Barum Technik Factory In Transaction Worth Several Million Euros
Companies

Voestalpine Buys Timisoara-Based Barum Technik Factory In Transaction Worth Several Million Euros

Austria’s voestalpine Rotec GmbH (the Metal Forming Division) has purchased Romanian company Barum Technik based in western city of Timisoara, within a transaction worth several million euro...

Ecaterina Craciun · 20.12.2017 · 14:43 · 1 min
UPC Pays EUR3M For Cable TV Provider Eniasan
Technology &Telecoms

UPC Pays EUR3M For Cable TV Provider Eniasan

Cable TV provider UPC, one of the largest on local TV, telephony and fixed internet services market, has paid about EUR3 million to buy Eniasan SRL, a smaller cable TV service provider cover...

Loredana Frățilă-Cristescu · 19.12.2017 · 17:54 · 1 min
Cris-Tim Acquires Local Meat Processor Diavist
Retail&Consumer

Cris-Tim Acquires Local Meat Processor Diavist

Family-owned Cris-Tim, one of the largest meat processors in Romania, announced Monday it has completed the acquisition of insolvent Diavist Product, a local family-owned meat processing bus...

Oana Gavrila · 11.12.2017 · 16:48 · 1 min
Investment Firm To Buy Pork Processor Premium Porc
Companies

Investment Firm To Buy Pork Processor Premium Porc

Danish investment firm Polaris Capital Management, which manages $8 billion assets, will take over the Premium Porc group in Romania, market sources say.

Loredana Frățilă-Cristescu · 08.12.2017 · 00:00 · 1 min
Penta Investment – A&D Pharma Deal Close To Completion
Health

Penta Investment – A&D Pharma Deal Close To Completion

The deal whereby Czech private equity firm Penta Investment buys A&D Pharma, the largest group on Romania’s pharmaceutical market, is close to completion, as an agreement is due for signing...

Loredana Frățilă-Cristescu · 05.12.2017 · 00:00 · 1 min
Kingfisher's Brico Depôt Romania Completes Praktiker Romania Acquisition
Companies

Kingfisher's Brico Depôt Romania Completes Praktiker Romania Acquisition

DYI retail chain Brico Depôt Romania, part of Britain's Kingfisher plc, has completed the acquisition of 100% in competitor Praktiker Romania.

Oana Gavrila · 04.12.2017 · 11:14 · 1 min
Vitruvian Buys 30% In BitDefender, Values Company At A More Than $600M
Technology &Telecoms

Vitruvian Buys 30% In BitDefender, Values Company At A More Than $600M

BitDefender, a business controlled by entrepreneurs Florin and Mariuca Talpes, which has become the biggest Romanian software company in 16 years and a key player on the global cyber securit...

Loredana Frățilă-Cristescu · 04.12.2017 · 10:26 · 1 min
Banca Transilvania Signs Agreement to Buy Bancpost Friday
Banks-Insurance

Banca Transilvania Signs Agreement to Buy Bancpost Friday

Romanian lender Banca Transilvania (TLV.RO) on Friday will sign an agreement with Greek Eurobank Group to buy a majority stake of 99.15% in lender Bancpost, the bank said in a statement.

Oana Gavrila · 24.11.2017 · 10:38 · 1 min
Keswick Enterprises Group Sells Its Tibbett Logistics Subsidiary In Romania
Automotive

Keswick Enterprises Group Sells Its Tibbett Logistics Subsidiary In Romania

UK-based Keswick Enterprises Group has reached an agreement for the sale of its subsidiary, Tibbett Logistics, a logistics company in Romania, to logistics services provider Yusen Logistics...

Ecaterina Craciun · 21.11.2017 · 18:55 · 1 min