EXIT
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SIF Oltenia Seeks to Exit Eximbank Following Approval of Merger with Banca Romaneasca
SIF Oltenia (SIF5.RO), as a shareholder holding 4,364,430 shares or 3.270% of Romania’s export and import bank EximBank, on Thursday expressed its intention to withdraw from the status of sh...
Just Eat Takeaway To Exit Romania Starting June 1, 2022
Amsterdam-based food-delivery group Just Eat Takeaway, which operates food ordering and delivery platform takeaway.com, announced on Tuesday (May 10) that it decided to discontinue operation...
Gucci Bucharest Store Closes Down Amid 2021 Record High Turnover
Gucci boutique of Bucharest has been shut down “in glory” after turnover neared RON21 million in 2021, slightly up from RON20.7 million in 2020. This is the best result since opening.
Digi Exits Hungarian Market After 23 Years for EUR625M
Telecommunications operator Digi Communications (DIGI.RO) on Monday evening announced completion of the sale of operations in Hungary for EUR625 million.
Uniqa Asigurari Getting Ready to Exit Auto Liability Insurance Segment in Romania
Uniqa Asigurari is getting ready to leave the auto liability insurance (RCA) market and has filed a request to have its license for that revoked to the relevant authorities, Valentin Coroiu,...
Gecad Ventures Marks New Exit as IVC Evidensia Acquires PawSquad
Veterinary services provider PawSquad, founded in 2015 by serial entrepreneurs Diwaker Singh and Radu Georgescu, has been acquired by IVC Evidensia, Europe’s leading veterinary care provider...
Yango Halts Romanian Operations in One Month
Ride-hailing service Yango, owned by Russia's Yandex, will halt operations on the Romanian market after less than a year and a half since entering the market.
GSK’s Prescription Drugs and Vaccine Division Exits Romania
Pharmaceutical giant GlaxoSmithKline, which has been operating in Romania for almost 30 years now, has decided to close its pharmaceutical representative office in the country.
Uber Eats Exits Romanian Market Starting June 4, 2020
Uber Eats announced Monday that it is pulling out of the Romanian market starting June 3, 2020.