Investments
September 29, 2017 15:51
Waters Corporation, a US based specialty measurement company operating directly in 31 countries, officially opened its new Romanian Software Development Center in Brasov....more »
September 27, 2017 10:33
Chinese group WH Group the owner of Smithfield Foods announced the acquisition of two Romanian meat processing companies, Elit and Vericom.
WH Group Ltd is the world's largest pig breeding and processing company, ina strong expansion of its operations on the European market. The transaction must be approved by regulatory authorities, the Chinese group informed....more »
September 20, 2017 15:49
Rom Waste Solutions, one of the most important companies in the field of municipal waste management and recycling in Romania, invested EUR 3 million in the refurbishment of the municipal waste sorting station in Dragomiresti Vale. Rom Waste Solutions processes about 500 tons of waste per day, over one third of municipal waste generated in Bucharest....more »
September 06, 2017 13:37
Aenova Group, one of the world's leading pharmaceutical and healthcare companies, is significantly expanding its production capacity of soft gelatin capsules. The company invests about 14 million euros in the expansion of the factory located in Cornu, creating up to 100 new jobs....more »
August 21, 2017 13:50
Elbit Imaging Israel announced that a
company's wholly owned indirect subsidiary has signed a non-binding
letter of intent with an international investment fund to sell its
entire shareholding (approximately 98.2%) in a company owning the
R...more »
June 22, 2017 16:46
A Romanian subsidiary of Daimler Mobility Services, owner of mytaxi application and one of Europe's largest e-hailing company, announced the full acquisition of Clever Taxi application, thus becoming the 11th European country in which mytaxi operates....more »
May 30, 2017 14:46
On May 30, 2017, companies involved announced the transaction by which the largest online retailer in Romania, eMag acquired the majority stakes in Romanian courier company Sameday Courier.
eMag bought 80% of the shares, the owner of the remaining 20% being Lucian Baltaru, one of the two founders of the company. Octavian Badescu, the other significant shareholder and founding partner sold the entire stake in the company....more »
April 27, 2017 18:00
Volkswagen-Audi and Enercon are interested in starting businesses or developing partnerships in Romania, according to a press release of the Ministry for the Business Environment, trade and Entrepreneurship.
The relevant minister, Alexandru Petrescu, has paid a visit in Germany to the Romanian companies' stands at the Hannover Messe Fair - one of the events in the industrial technology area....more »
April 14, 2017 14:10
Airbus Helicopters and IAR Brasov have signed a general agreement for an exclusive cooperation for the heavy twin engine H215M multi-role helicopter, Airbus Helicopter reported in a press statement on Thursday. Under this general agreement IAR will become the prime contractor for the H215M for any future order by the Romanian Ministry of Defense to replace their ageing fleet....more »
March 02, 2017 10:02
Teraplast, one of the largest industrial groups with local capital, has concluded on 01.03.2017 a contract of purchasing a package of 50% of shares held by associates of Depaco SRL, the second player on the market of metal tiles through Wetterbest core brand.
The acquisition is a strategic one for Group Teraplast considering that TeraSteel subsidiary is the leader of galvanized steel structures, and new products that will be included in the portfolio will be complementary to the existing range.
...more »
