ACQUISITION
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Getin Holding Confirms Plans To Buy Romanian International Bank
Polish financial group Getin Holding will acquire Romanian International Bank (RIB) in a move to expand its portfolio in the region, the group said in a statement Monday.
Dialysis Provider Diaverum Plans To Expand Business In Romania
Camelia Cucu, managing director of dialysis center Diaverum Romania, said the company is still interested in acquisitions on the local market and might sign new deals by the end of the year.
Private Equity Investors Expect More Transactions In 2013 In CEE, Romania Included
Private equity investors estimate the number of transactions on the merger & acquisition market in Central and Eastern Europe (CEE), including Romania, will increase slightly this year, acco...
Energreen Investment Europe Buys Solar Power Plant In Brasov
Investment company Energreen Investment Europe has bought a 17 megawatt peak solar power plant in Brasov, central Romania.
Sutas’ Acquisition Of Tnuva Plant: 3 Months Of Talks, Contract Signed In The Middle Of The Night
The former plant of Israeli dairy processor Tnuva in Popesti-Leordeni, close to Romania's capital city Bucharest, became an acquisition target for Turkish dairy maker Sutas at the end of 201...
GE To Pay $3.3B For Lufkin, Which Owns Plant in Romania
U.S. corporation General Electric (GE) will acquire Texas-based oil and natural gas equipment producer Lufkin Industries for $3.3 billion. Lufkin is present in 40 countries, including Romani...
Greek Investor Papalekas Continues Distressed Asset Acquisition
Low-profile Greek businessman Ioannis Papalekas, who bought bankrupt City Mall and insolvent Tower Center office building in Piata Victoriei in downtown Bucharest, completed another major ac...
Cargill To Shut Down Its Vegetable Oil Plant In Romania, Sell Oil Brands To Expur
U.S. agri-food company Cargill will shut down its vegetable oil plant in Podari, southern Romania, and sell brands Undelemn de la Bunica and Olpo, as well as its vegetable oil production equ...
U.S. Alvogen Acquires Generic Drug Maker Labormed
U.S. pharmaceutical company Alvogen on Thursday said it acquired Romanian generic drug producer Labormed in December 2012 from private equity firm Advent International.