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Swiss Ameropa Completes Takeover Of Azomures
Capital Market

Swiss Ameropa Completes Takeover Of Azomures

Swiss grain trader Ameropa Holding AG, through its Pelican Fertilizer units, has completed the acquisition of Romanian fertilizer producer Azomures (AZO.RO).

Florentina Dragu · 21.03.2012 · 17:47 · 1 min
Romania Antitrust Watchdog Clears Azomures’ Takeover
Energy

Romania Antitrust Watchdog Clears Azomures’ Takeover

Romanian Competition Council has given Swiss grain trader Ameropa Holding AG the green light to move forward on its deal to buy a 75.87% stake in local fertilizer producer Azomures (AZO.RO),...

Florentina Dragu · 16.03.2012 · 18:08 · 1 min
Technology &Telecoms

Novensys Took Over Ager Solution’s Microsoft Dynamics Division

Romanian IT solution company Novensys took over Ager Solutions’ Microsoft Dynamics division, which generated revenues of about EUR1 million last year, Cezar Golumbeanu, general manager of No...

Ioana Tudor · 19.01.2012 · 18:44 · 1 min
Grocery Store Giant 7 Eleven Might Take Over Mic.ro
Retail&Consumer

Grocery Store Giant 7 Eleven Might Take Over Mic.ro

Romanian businessman Dinu Patriciu is negotiating the sale of his Mic.ro retail network to international group 7 Eleven, people close to the matter told MEDIAFAX.

Andrei Cîrchelan · 18.01.2012 · 17:56 · 1 min
Romania In Advanced Talks With OMV To Buy Arpechim Refinery
Energy

Romania In Advanced Talks With OMV To Buy Arpechim Refinery

Romanian authorities are carrying advanced negotiations to purchase the Arpechim refinery from oil company OMV Petrom (SNP.RO), local officials in Arges County said Monday.

Florentina Dragu · 09.01.2012 · 15:57 · 1 min
Orkla Foods Romania Takes Over Bucharest-Based FDS
Retail&Consumer

Orkla Foods Romania Takes Over Bucharest-Based FDS

Foods maker Orkla Foods Romania (OFR) on Tuesday announced it has taken over Bucharest-based distributor maker Food Distribution Services (FDS).

Andrei Cîrchelan · 03.01.2012 · 14:29 · 1 min
Competition Authorities OK Flanco Takeover By Asesoft
Retail&Consumer

Competition Authorities OK Flanco Takeover By Asesoft

Romanian Competition Council on Thursday announced it has approved the takeover of electronics retailer Flanco Retail by Asesoft Web, part of the Asesoft group.

Andrei Cîrchelan · 15.12.2011 · 17:08 · 1 min
Banks-Insurance

Euronet Worldwide Takes Over Romanian PayNet Romania

US-based Euronet Worldwide announced it has bought Smart PayNetwork (PayNet), a Romanian payment services supplier that processes around 15 million card transactions each year.

Andrei Cîrchelan · 07.12.2011 · 14:00 · 1 min
Mega Image To Launch Two Revamped G'Market Units By Yearend In Bucharest
Retail&Consumer

Mega Image To Launch Two Revamped G'Market Units By Yearend In Bucharest

Retailer Mega Image, owned by Belgian group Delhaize, Monday announced it has received the clearance from Romanian competition authorities to buy three G'Market stores, and two of the units...

Andrei Cîrchelan · 05.12.2011 · 14:38 · 1 min