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Top Moldovan Dairy Business Buys Prodlacta
Retail&Consumer

Top Moldovan Dairy Business Buys Prodlacta

Jardan Lapte Company (JLC), the leading dairy company in the Republic of Moldova owned by businessman Vladimir Jardan, will acquire control of insolvent dairy producer Prodlacta Brasov (PRAE...

Manuela Panescu · 10.12.2012 · 00:00 · 1 min
Carrefour Enters Supermarket Business In Constanta With Six-Store Takeover
Retail&Consumer

Carrefour Enters Supermarket Business In Constanta With Six-Store Takeover

Carrefour bought six stores from Aliment Murfatlar based in Constanta (SE Romania), controlled by vegetable oil producer Argus Constanta (55.04%) and milling and bakery company Dobrogea Grup...

Tudor Ioana Raluca · 08.10.2012 · 00:00 · 1 min
ATE Bank Romania To Be Taken Over By Several Local Investors - Sources
Banks-Insurance

ATE Bank Romania To Be Taken Over By Several Local Investors - Sources

ATE Bank Romania, recently bought by Piraeus Bank, will be partially taken over by several Romanian investors and capitalized up to EUR60 million for starters, people close to the matter tol...

Ioana Tudor · 07.10.2012 · 14:31 · 1 min
Electroarges Holders OK Launch Of Takeover Bid For Oil Producer Argus
Capital Market

Electroarges Holders OK Launch Of Takeover Bid For Oil Producer Argus

Shareholders of Romanian home appliances maker Electroarges (ELGS.RO) voted in favor of launching a takeover offer for edible oil producer Argus Constanta (UARG.RO), at the requeste of signi...

Bogdan Neagu · 10.09.2012 · 17:46 · 1 min
Auchan Interested In Acquiring Carrefour and Real. How Will It Change The Local Market Ranking?
Retail&Consumer

Auchan Interested In Acquiring Carrefour and Real. How Will It Change The Local Market Ranking?

The Romanian retail market is going through one of its most difficult times ever considering the talk about the exit of at least one of the largest companies with revenues of several hundred...

Radu Bostan · 31.08.2012 · 00:00 · 5 min
German Investor Takes Over Astra Vagoane, Meva, Romvag Caracal For EUR30M
Companies

German Investor Takes Over Astra Vagoane, Meva, Romvag Caracal For EUR30M

Romania’s rolling stock manufacturers Astra Vagoane Arad, Meva and Romvag Caracal, under insolvency, were taken over by an undisclosed German investor, in a EUR30 million deal, the liquidato...

Manuela Panescu · 09.07.2012 · 12:25 · 1 min
Romania Central Bank OKs Credit Agricole's Takeover Of Emporiki Bank
Banks-Insurance

Romania Central Bank OKs Credit Agricole's Takeover Of Emporiki Bank

Romania's central bank has approved the acquisition of Emporiki Bank's local subsidiary by French group Credit Agricole, with the bank's name to be changed to Credit Agricole Bank Romania by...

Radu Bostan · 29.06.2012 · 17:32 · 1 min
Ameropa Launches RON282M Takeover Bid For 24% Of Azomures
Capital Market

Ameropa Launches RON282M Takeover Bid For 24% Of Azomures

Swiss grain and fertilizer trader Ameropa Holding will launch a takeover offer for the 24.12% stake it doesn’t own in Romanian chemical fertilizer producer Azomures (AZO.RO) for a total of 2...

Bogdan Neagu · 23.05.2012 · 11:43 · 1 min
Autotechnica Fleet Services To Take Over Hertz Romania
Automotive

Autotechnica Fleet Services To Take Over Hertz Romania

Romanian operating leasing and fleet management company Autotechnica Fleet Services will take over, starting May 15, car rental franchise Hertz Romania, which will subsequently change its na...

Ecaterina Craciun · 10.05.2012 · 14:56 · 1 min