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Three Suitors Vie For Urgent Cargus
Companies

Three Suitors Vie For Urgent Cargus

Private equity firm Warburg Pincus, Hungarian Post and the Austrian Post are on the short list of companies interested to buy Urgent Cargus, the second largest actor on the courier service a...

Loredana Frățilă-Cristescu · 12.10.2017 · 06:00 · 1 min
Dedeman Buys 2.7 Ha Plot Near AFI Tech Park And Vulcan Value Centre in Bucharest
Real Estate

Dedeman Buys 2.7 Ha Plot Near AFI Tech Park And Vulcan Value Centre in Bucharest

DIY retailer Dedeman held by brothers Adrian and Dragos Paval in Bacau has signed the agreement to buy a 27,000-square meter plot in Bucharest Sector 5 on the Progresului Street from flax an...

Loredana Frățilă-Cristescu · 10.10.2017 · 10:31 · 1 min
Raiffeisen Continues To Pursue Organic Growth, Doesn’t Rule Out Potential Acquisitions
Banks-Insurance

Raiffeisen Continues To Pursue Organic Growth, Doesn’t Rule Out Potential Acquisitions

Raiffeisen Bank, the fourth leading lender in Romania by assets, will continue to pursue organic growth over the coming period, but does not rule out potential acquisitions if the opportunit...

Loredana Frățilă-Cristescu · 09.10.2017 · 06:00 · 1 min
Banca Transilvania Eyes Garanti Bank
Banks-Insurance

Banca Transilvania Eyes Garanti Bank

Banca Transilvania (TLV.RO), whose strategy is to pursue expansion both through acquisitions and organic growth, is looking at Garanti Bank Romania, the tenth leading lender on the market wi...

Loredana Frățilă-Cristescu · 06.10.2017 · 00:00 · 1 min
Companies

CTP Buys Chitila Logistic Park Near Bucharest for EUR17M

CTP, the biggest developer of logistics and industrial spaces on the Romanian market, bought the Chitila Logistic Park near Bucharest for EUR17.3 million in a bid to reach an industrail and...

Oana Gavrila · 05.10.2017 · 16:06 · 1 min
Atenor To Complete Acquisition Of 11,600 Sqm Land Lot In Bucharest By End-2017 For New Office Space Project
Companies

Atenor To Complete Acquisition Of 11,600 Sqm Land Lot In Bucharest By End-2017 For New Office Space Project

Belgium-held group Atenor, through its subsidiary in Romania, will complete by the end of 2017 the acquisition of plot of land of 11,600 square meters in Bucharest’s Expozitiei area which wi...

Ecaterina Craciun · 04.10.2017 · 12:18 · 1 min
Multinationals Try To Conquer Romania’s Meat Market
Companies

Multinationals Try To Conquer Romania’s Meat Market

Three of the top ten meat processing businesses in Romania are foreign-held and two of them, Caroli Foods Group and Elit Cugir, were acquired in the past month. This was one of the few major...

Loredana Frățilă-Cristescu · 03.10.2017 · 09:52 · 2 min
Antitrust Body Clears Transaction Whereby Teraplast Fully Acquires Politub
Companies

Antitrust Body Clears Transaction Whereby Teraplast Fully Acquires Politub

Romania’s Competition Council has approved the transaction whereby Teraplast group, the biggest PVC processor in Romania and one of the main producers of materials for the constructions and...

Ecaterina Craciun · 29.09.2017 · 18:24 · 1 min
Profi And Mega Image Looking At Unicarm’s 100 Stores
Retail&Consumer

Profi And Mega Image Looking At Unicarm’s 100 Stores

International retailers, among which Profi and Mega Image, are considering buying Unicarm store chain, market sources say.

Loredana Frățilă-Cristescu · 24.08.2017 · 10:07 · 1 min