INVESTOR
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Foreign Investors Caught in Low Wage, Underdeveloped Economy Trap
The trap of low wages and underdeveloped economy in some of Romania’s counties has finally caught up with the foreign investors who are unwilling to raise the wage level of those counties, m...
Three Investors Looking To Buy Intercapital IM
Three investors, among which a commercial bank, are interested to buy asset manager Intercapital Investment Management from brokerage firm Intercapital Invest, market sources say. A new play...
Strategic Investor Starts Due Diligence On Carpatica Asig
Insurance company Carpatica Asig, controlled by businessman Ilie Carabulea, said Monday it is starting the due diligence procedure by which the company will be financially, commercially and...
Carpatica Asig Shareholders Sign MoU With "European Strategic Investor"
Shareholders of insurance company Carpatica Asig, controlled by businessman Ilie Carabulea, signed on December 21 a memorandum of understanding with an exclusivity clause with a "European st...
Radu Georgescu, Gecad: We Want Romanian Investors In Vector Watch
Smartwatch manufacturer Vector Watch, launched by a group of local entrepreneurs two years ago, seeks to attract local investors to keep as much of the company in the hands of Romanians, say...
Ostahie, Altex: We’re Looking For An Investor To Help Us Expand Abroad
Dan Ostahie, the owner of Altex, the largest computer and electronics retailer in Romania, says he is preparing for the time when expansion abroad in the region and to other countries in Eur...
Farmaceutica Remedia Owner Seeks Investors
Businessman Valentin Norbert Tarus, the majority shareholder of pharmaceutical wholesaler Farmaceutica Remedia (RMAH.RO,) wants to attract new investors into the company or look for opportun...
Bucharest’s Office Buildings Built For German, Austrian And American Retirees
The modern office space market estimated at 2.2 million square meters in Bucharest and 490,000 square meters in the main cities in the rest of the country is about to see a return of institu...
Borza: A Fund To Buy Into Polisano For EUR30M
The Polisano Group controlled by the Vonica family in Sibiu, will sell 25% to a private equity fund for EUR30 million, chairman Remus Borza said, without revealing the name of the fund.