Ahold Delhaize announces the completion of its acquisition of Romanian grocery retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately 1.3 billion euros Enterprise Value. The acquisition doubles Ahold Delhaize’s retail footprint in Romania, which currently operates nearly 1,000 […]
The Foreign Investors Council (FIC) states that fiscal stability and predictability are absolutely necessary attributes to build a relationship of trust between investors and public policymakers. Failure to comply with public consultation deadlines in the legislative process is a negative […]
RTPR has assisted Grup Serban Holding and its subsidiaries in relation to a 73 million euros syndicated facility for the refinancing of the existing debt and the development of its activity. The financing was coordinated by BRD Groupe Société Générale […]
Deloitte Romania assisted AQUILA, one of the leaders in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in its expansion on the Hungarian market through the acquisition of KITAX, one of […]
ROCA Industry announces that today the Mureș Trade Register approved the merger between Eco Euro Doors and Workshop Doors, wholly owned subsidiaries of the company. This marked the final step in the entire merger process between the two subsidiaries, the […]
Real estate developer Nusco has signed a partnership agreement through which Hyatt will open its first hotel unit in Bucharest, in one of the largest urban regeneration projects in Romania – Nusco City. The Hyatt operator is entering the Bucharest […]
After the first 9 months of 2024, Allianz-Tiriac Asigurari reached a sales volume of 2.7 billion RON, up 6 percent compared to the same period last year. Total gross claims expense increased by 30 percent and approached 2 billion RON […]
This year has been a mixed bag for Romania’s overall achievements and results, with both robust infrastructure activity, a strong recovery in real estate investments, and an economy that underperformed due to lower-than-expected GDP growth, according to Colliers consultants. While […]
TeraPlast Group continues its geographical expansion in Europe and acquires the assets for PVC and PE pipes production held by Wavin Hungary (Orbia’s Building and Infrastructure business). The acquisition will be made by Polytech Kft, a subsidiary of TeraPlast. The […]
Nuclearelectrica and the international consortium Candu Energy Inc, Ansaldo Nucleare, Canadian Commercial Corporation and Korea Hydro & Nuclear Power Co signed the Engineering, Procurement and Construction (EPC) contract for the advancement of Cernavoda NPP Unit 1 refurbishment on December 19, […]
