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Danish Group DSV Rents 90,000 Sqm from CTP for EUR50M
Danish logistics group DSV has reached an agreement with industrial space developer CTP to rent 90,000 square meters for ten year for EUR50 million, sources cited by Ziarul Financiar said.
Record Deal On Mobile App Market As Daimler Buys Clever Taxi
Mihai Rotaru and Alexandru Dumitru, who created the Clever Taxi mobile app in 2011 enabling people in 20 cities in Romania to order more than 40 million taxi rides since 2012, have become eu...
AFI Park Acquisition Beats Previous Record Of America House
At least seven deals worth more than EUR100 million have been signed on the Romanian real estate market in the past decade, and the two records were signed ten years away.
Paval Brothers Sign Agreement To Buy AFI Park Office Buildings
Brothers Dragos and Adrian Paval, who own the DIY retail chain Dedeman, signed the agreement with Africa Israel to buy AFI Park 1-5 office buildings near the AFI Palace Cotroceni mall for al...
TMD Friction Buys Land To Expand Production In Caransebes
German-held TMD Friction, which arrived in Romania with a brake systems plant in Caransebes less than a decade ago, intends to expand operations in the city so it bought three plots of land...
Local M&A Market Has Matured, It’s High Time Romanian Entrepreneurs Pursued Acquisitions
The local M&A market has matured in the last few years, after having overcome the 2008 crisis, so it is high time Romanian entrepreneurs, too, pursued acquisitions to develop and withstand c...
Retail Deals Won’t Stop After Profi Sale
Modern retail, a EUR10 billion to EUR11 billion market a year in Romania, will go through a number of new deals over the next two or three years, which means it will either see a new player...
Roman Brasov Signs EUR12M Deal With Taiwan-Based Company
Truck and bus manufacturer Roman SA Brasov has signed a contract worth EUR12 million with a company in Taiwan for manufacturing 94 civil trucks and is also in talks with another company in P...
Over EUR1B Deals Transformed Romanian Grocery Retail In Past Decade
German-held discount store chain Lidl is in talks to buy two XXL Mega Discount stores from fellow German group Rewe in Romania in a EUR5 million to EUR10 million deal, market sources say. Th...