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SIF Oltenia Buys RON855,200 Worth of Antibiotice Shares
Antibiotice Iasi (ATB.RO), the largest Romanian-owned pharmaceutical company, on Friday notified the Bucharest Stock Exchange that regional investment fund SIF Oltenia (SIF5.RO) bought 1.5 m...
Deliveries to Romanian Police Helped Automobile Dacia Contain Sales Decline to Less Than 5% in Romania in 2020
Romania’s government public procurement in 2020 helped contain Automobile Dacia’s decline in sales on its home market to less than 5% compared with about 30% abroad.
Deloitte: Over Half Of European Consumers Plan To Put Off Purchase Of A New Car; Romania Sees More Cautious Consumer Behavior
More than half of the European consumers (52%) plan to postpone buying a new vehicle and they will keep their current one longer than originally intended in the context of the COVID-19 pande...
Rent-A-Car Company Autonom Revises Buying Plans for Its Fleet
Autonom, the largest Romanian entrepreneurial business on the operating leasing and rent-a-car markets, has revised its car buying plan for its rent-a-car fleet this year due to the COVID-19...
TMK-Artrom Slatina Buys TMK Europe’s Participation In TMK-Resita For EUR62M
Romania’s steel pipe manufacturer TMK-Artrom Slatina (ART.RO) decided to buy the participation owned by TMK Europe in TMK-Resita, for EUR62.29 million, of which EUR100,000 will be paid withi...
Competition Council Clears Chimcomplex’ Acquisition Of Some Oltchim Assets
Romania’s Competition Council has approved the transaction whereby chemical producer Chimcomplex Borzesti, held by businessman Stefan Vuza, had acquired some of the assets of state-owned che...
U.S. Cognizant Buys Softvision Group
Softvision, a software company established in 1994 by Romanian Laurentiu Russo, was acquired by U.S. information technology provider Cognizant Technology, the two firms said in an announceme...
Belgian Group United Petfood Buys Romanian Nordic Petfood
Nordic Petfood Group, the biggest Romanian pet food producer, was acquired by Belgian group United Petfood, which holds nine factories in Belgium, France, The Netherlands, Poland and Spain.
Adam Europe Buys Four Office Buildings In Bucharest From East Balkan Properties
East Balkan Properties (EBP) Group sold its office space portfolio in capital city Bucharest, which comprises four office buildings covering a total 9,047 square meters, to real estate devel...