about us | newsletter | contact | archive | members area
Nicolae Ghibu, Certsign
Regulations will come gradually and will cover all areas»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Romania plays in the big league, says Deloitte survey

On the backdrop of a stable economic context in the region and with growing macroeconomic indicators, Romania has won the deal doers' trust now becoming a core market for private equity funds next to Poland, according to the Deloitte Central Europe Private Equity Confidence Survey.

2017-12-14 14:53:36

"We have seen a significant increase in the activities of the private equities in Romania, following successful rounds of fund raising, but also successful exits performed in the past year," said Radu Dumitrescu, Partner Deloitte Romania. "Some of the largest transactions closed during the last period of time include Profi's acquisition by MEP and Allianz Capital Partners acquisition of a minority stake in EoN Distributie Romania. I expect that in Romania private equities will be in the front line with large deals during the following period and I would not be surprised to see multi hundreds of millions of Euro single transactions that will have a private equity involved. Romania has more businesses of interest to large PE houses in sectors such as life sciences, oil and gas, financial services or manufacturing and production. Romania is now playing in the same league with Poland and I strongly believe that we are finally and definitely on the map of large PE funds."

Following a bumpy year after the Brexit vote, Europe and CE is showing resilience and even signs of strength, which project one of the region's strongest years ever for both exits and fundraising as many of CE's private equity houses generate strong returns for their investors.

After a gentle increase in the spring, confidence in Central Europe has rebounded more strongly over the last six months to end on 130. The uptick, from 113 in the spring, is encouraging as it marks the highest level in three years. Much of this is likely down to confidence in the economy, with 90 per cent of respondents expecting the healthy backdrop to remain the same (64%) or improve (26%) over coming months.

Respondents are hungry for deals: two-thirds of respondents expect to focus mostly on buying in the coming months, and funding them should be smooth, given a doubling of respondents expecting leverage to become more available (21 per cent) - the highest level in two years. Deal sizes may also be set to increase, with 36 per cent of respondents expecting them to go up - the highest level in more than a decade since the heyday of spring 2017.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  7010 Views
Daily Info
Radiocom gets EIB funds for the digitalisation of Romania's terrestrial broadcasting infrastructure

The European Investment Bank (EIB) is lending 9.78 million Euro to Romanian public company Societatea Nationala de Radiocomunicatii SA (Radiocom) to partially finance the digi...

Companies are investing 12 per cent of their annual turnover for business digitalization, ARIES study shows

Companies in the Northwest region of Romania invest annually, on average, 12 per cent of the turnover for digitalization. The share of current turnover due to digitalization i...

CE Oltenia denies media allegations, says it has no state debts

State-owned company CE Oltenia denies the allegations in the local media, according to which it has debts to the state budget worth over 100 million Euro, a press release show...

Valentin Radu receives new mandate as chair of Electrica's board of directors

Electrica's board of directors decided to appoint Valentin Radu as chair of the board of directors for a mandate of one year, starting with 12 December 2018.

Christmas leads to material implications for retail and office market players, says Colliers

December is a time for Romania to score positive results for sales at supermarkets, hypermarkets or discounters as well as for gifts, offering generous returns for retailers i...

 
 
   
advertising

advertising

advertising

More on News
President Iohannis urges Romanians to be more united, stay involved in modernizing Romania

Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.

Catrina, MCSI: Romania is ready to roll up its sleeves and work during the presidency of the EU Council

Romania is ready to roll up its sleeves and work during the presidency of the Council of the European Union (EU), said Maria Manuela Catrina, State Secretary at the Ministr...

Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte

Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace a...

ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

The Romanian labour market needs a well-thought approach, says FIC

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting w...

Revolut gets European banking license

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has fi...

Dacia receives 115.8 million RON in state aid from the Finance Ministry

The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million.