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African Industries Group Buys Fitness Center Chain World Class
Companies

African Industries Group Buys Fitness Center Chain World Class

African Industries Group (AIG) has acquired control of fitness center network World Class Romania via Vectr Fitness, which means Poland’s Resource Partners exited the business.

Loredana Frățilă-Cristescu · 21.04.2022 · 20:01 · 1 min
Romgaz Management Finally Approves Buying Exxon’s Stake in Black Sea Gas Project
Capital Market

Romgaz Management Finally Approves Buying Exxon’s Stake in Black Sea Gas Project

Romgaz announced on the Bucharest Stock Exchange on Tuesday evening that it was moving towards the completion of the transaction with the US’ Exxon on the acquisition of the latter’s stake i...

Loredana Frățilă-Cristescu · 23.03.2022 · 00:00 · 1 min
Companies

Competition Council Greenlights 81 Deals in 2021, a 15-Year High

Romania’s Competition Council greenlighted a total of 81 transactions in 2021, a record number for the last 15 years. By comparison, the second-best year was 2008 (the last economic boom yea...

Loredana Frățilă-Cristescu · 16.03.2022 · 00:00 · 1 min
ASF Approves Allianz-Tiriac as Direct Significant Shareholder of Gothaer Asigurari
Banks-Insurance

ASF Approves Allianz-Tiriac as Direct Significant Shareholder of Gothaer Asigurari

Allianz-Tiriac has received approval from the Financial Supervisory Authority (ASF) to become a significant direct shareholder of Gothaer Asigurari, ASF officials said.

Loredana Frățilă-Cristescu · 28.12.2021 · 17:31 · 1 min
ROCA Investments Finalizes Sale of Frigotehnica to VINCI Energies
Companies

ROCA Investments Finalizes Sale of Frigotehnica to VINCI Energies

The sale of Frigotehnica, a manufacturer of refrigeration solutions, to VINCI Energies, the Romanian holding company of VINCI, a global construction and energy group, was finalized on Friday...

Loredana Frățilă-Cristescu · 26.11.2021 · 14:11 · 1 min
0.5% in Banca Transilvania Change Hands on Bucharest Stock Exchange in Largest Deal Since 2016
Capital Market

0.5% in Banca Transilvania Change Hands on Bucharest Stock Exchange in Largest Deal Since 2016

A 0.5% stake in Banca Transilvania (TLV.RO) or about 33 million shares changed hands in the afternoon of Tuesday's trading session, in two transactions on the DEALS market of about RON81 mil...

Loredana Frățilă-Cristescu · 23.11.2021 · 19:36 · 1 min
Swiss Automotive Group Buys Majority Stake in Automotive Part Wholesaler Augsburg International
Automotive

Swiss Automotive Group Buys Majority Stake in Automotive Part Wholesaler Augsburg International

The shareholders of Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group, have reached an agreement with automotive parts wholesaler Augsburg International (AL) to buy 5...

Loredana Frățilă-Cristescu · 11.10.2021 · 18:22 · 1 min
Paval Holding About to Buy Dacia One Office Buildings for EUR50M
Real Estate

Paval Holding About to Buy Dacia One Office Buildings for EUR50M

Atenor Group has reached an agreement with Paval Holding, the owner of the Dedeman business in Romania, to sell the Dacia One office buildings on Calea Victoriei for EUR50 million.

Loredana Frățilă-Cristescu · 17.08.2021 · 20:15 · 1 min
Romanian Companies Have Made at Least 15 Deals Abroad in Past 4 Years
Analysis

Romanian Companies Have Made at Least 15 Deals Abroad in Past 4 Years

Romanian companies have conducted at least 15 deals abroad in the past four years, buying businesses in Mexico, Germany, Belgium and Republic of Moldova. They spent at least EUR600 million i...

Loredana Frățilă-Cristescu · 16.08.2021 · 10:05 · 1 min