Investments
Radu Lucianu takes over 55 percent of Romprim shares
Businessman Radu Lucianu took over 55% of the shares of Romprim SA, the largest producer of specialised motor vehicles in Romania. With the acquisition of the majority stake, Radu Lucianu was also named General Manager of the company. more »
Rockwool Group invests 50 million euros in a basalt mineral wool plant near Ploiesti
Danish company ROCKWOOL Group is investing approximately 50 million euros in a basalt mineral wool plant that will create around 150 direct jobs and another 300 indirectly for services and logistics. The new production unit will be located on a plot of approximately 30 hectares in Ariceştii Rahtivani commune near Ploieşti, Prahova county, and will be the first basalt mineral wool factory of ROCKWOOL Group in Romania. This project will strengthen the Group's strong presence in Romania, a market that has been active for almost 20 years through its local sales branch.  more »
April 24, 2018 17:13
The regional law firm Wolf Theiss offered legal advice to the French media and publishing group Lagardère regarding the sale of its radio stations in Central and South Eastern Europe. Among the radio stations sold are Virgin Radio, Europa FM and V...more »
April 04, 2018 13:53
The most recent results of the FIC Business Sentiment Index (carried out in March 2018) came to confirm the significant drop in trust recorded last year in spite of the fact that 54% of respondents are anticipating a growth in their revenues. Over 70% of respondents said that events in the past 6 months (the reference period) have lowered their trust in the local business environment and believe this has deteriorated....more »
January 31, 2018 13:09
Unilever takes over local ice cream maker Betty Ice, one of the most important players on the on the local ice cream producers market. Betty Ice owns a factory in Suceava with a capacity of 120 tons a day and has its own stores in some important cities as well as a network of over 100 distribution kiosks all over the country. Betty Ice was founded 25 years ago and its turnover in 2016 reached 40 million euros, up 10% from 2015....more »
January 26, 2018 10:54
Garanti Bank granted a RON 14 million loan to Softronic, the only manufacturer of Electric Multiple Unit trains and electric locomotives in Southeastern Europe, for the production of Hyperion 3, the most modern means of rail transportation in Romania. The new train will be launched  in the second half of 2018....more »
December 21, 2017 11:47
Xella has signed an agreement with two Polish private equity funds managed by Enterprise Investors (EI) to acquire the Macon Group. The Romanian building materials producer operates the Simcor Var lime plant as well as producing concrete and tile products. The transaction is subject to approval by the relevant competition authorities. The deal is expected to be completed in the first half of 2018. No value for the acquisition has been disclosed....more »
December 14, 2017 14:37
Against the backdrop of a stable economy in the region and growing macroeconomic indicators, Romania gained investor confidence, becoming a major market in the area, alongside Poland, according to the Deloitte Central Europe Private Equity Confidence Survey. ...more »
October 25, 2017 17:41
The high growth rates Romania is experiencing are being translated into increased revenues, business and employment growth. Sounds great, but actually, the investor confidence is deteriorating. And the explanation is quite simple....more »
October 20, 2017 15:50
The franchise market in Romania is booming, and this is evidenced by the approximately 400 concepts that are currently open to development. In addition to well-known brands, both internationally and locally, such as Pizza Hut, Subway, or Paul, there are some companies that are currently exploring our market, in search of investors to further the success of the brands that they created....more »
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