ACQUISITION
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Bramac Romania Buys Elpreco Concrete Roof Tile Plant
Bramac Romania has signed a framework agreement for the acquisition of the concrete roof tile plant of Elpreco, based in Craiova, for approximately RON33 million (EUR8 million).
Direct One Buys Bucharest Fiber Optic Network From UTI
Direct One, the operator of a more than 5,500-kilometer fiber optic network in Romania, has signed an agreement with the UTI group to buy Netcity, the company that developed the underground...
Vienna Insurance Group Acquires AXA Subsidiary In Romania
Insurers BCR Asigurari de Viata and Omniasig, members of Austria’s Vienna Insurance Group (VIG), signed, on August 3, an agreement to take over life insurer AXA Life Insurance SA.
Paper And Cardboard Maker Vrancart Adjud Buys Rom Paper
Vrancart Adjud (VNC.RO), a major paper and cardboard maker in Romania, has bought the majority stake in Brasov-based Rom Paper, which owns Mototol brand.
Insolvency Practitioner CITR Acquires Five SPRL
Five SPRL, a leading company on the mergers and acquisitions (M&A) market, was taken over by insolvency practitioner Casa de Insolventa Transilvania (CITR), according to an announcement of C...
NEPI Acquires Shopping City Sibiu From Argo Group In EUR100M Transaction
South-African investment fund New Europe Property Investments (NEPI) on Tuesday said it acquired retail park Shopping City Sibiu from Argo Group, in a transaction worth EUR100 million.
Capital Partners Founders Buy EUR6M Plot From Forte Partners
One United Properties, a company of Andrei Diaconescu and Victor Capitanu, two of the founders of boutique investment bank Capital Partners (now BT Capital Partners) bought an 8,200 square m...
Filadelfia Group Becomes Majority Shareholder Of Ruefa Escape Travel
Filadelfia Group, one of the leading players in the field of tourism and transport services in Romania, has acquired 80% of the shares of Ruefa Escape Travel, following an investment of EUR2...
Chinese Companies Gain Significant Positions In Romania’s Economy
Chinese companies have doubled share capital in Romania in the past ten years and established more than 3,000 businesses in this country.