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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

Several large-scale companies will relocate their operations in Romania by the end of this year, attracted by the benefits they find here, such as economic growth, wage levels and the potential of the domestic market, said Ilan Laufer, the Minister for the Business, Trade and Entrepreneurship Environment, at a conference on SME development....more »

Wienerberger has reached an agreement with ADM Capital to acquire 98.3% of the brick maker Brikston Construction Solutions SA (Brikston). By planning this acquisition, Wienerberger takes another step forward and extends its activity in Romania on the brick segment. ...more »