acquisition

Altex Group has announced the acquisition of Despec local company, which is one of the largest retailers of IT&C products in Romania. The transaction was worth over EUR 2 million. Following the deal, Altex is taking over 79% of the…

TC Capital invests 23.5 million euro into the acquisition of a grain and oilseeds farm located in Buziaș, Timiș county. This transaction is the second major agricultural investment of TC Capital after KC Agro, its first agriculture…

International law firm CMS has advised AFI Europe on its approximate EUR 300m share acquisition of six companies owning four Class A office projects in Romania from NEPI Rockcastle, the premier owner and operator of shopping centres in…

UNIFARM manager Adrian Ionel Eugen is accused by the anti-corruption prosecutors of pretending a bribe of EUR 760,000 for purchasing protection equipment against COVID-19 virus (250,000 jumpsuits and 3 million surgical masks) in early…

Vodafone Romania has announced the key performance indicators for the year ended March 31st, 2020, as reported today by Vodafone Group Plc. Following the acquisition of UPC Romania starting with 31st of July 2019, the results for this year…

The plot of land located in the immediate vicinity of the Cosmopolis complex is to be used to expand the complex by building houses, green spaces, swimming pools and other facilities according to the established model. In the midst of a…

Accenture has agreed to acquire Symantec’s Cyber Security Services business from Broadcom, Inc. Financial terms were not disclosed. The transaction is pending some approvals and is expected to be concluded in March this year. Accenture…

PROFI network is expanding rapidly, inaugurating new stores while also taking over already-existing networks. The most recent development involves acquiring a group of 18 supermarkets from the local peer Pram Maya. This transaction was…

AFI Europe N.V. and NEPI Rockcastle  have announced today the conclusion of the transaction for the acquisition of NEPI Rockcastle’s office portfolio in Romania, with a total GLA of 118,500 square meters. The transaction value is in…

MedLife private healthcare provider has announced the acquisition of the OncoCard Hospital in Brasov, one of the biggest and most modern oncology diagnosis and treatment centers in Romania and in Central and Eastern Europe. Set up in…