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Tag Archives: subsidiary

First Bank buys Bank Leumi Romania

First Bank has announced it had signed an agreement with Bank Leumi le-Israel B.M to purchase the Bank Leumi subsidiary in Romania. The acquisition is pending the National Bank of Romania’s and Competition Council’s consents and is expected to be ...

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Daimler kicks off production of the new Mercedes Benz Cars cutting-edge eight-speed automatic gearbox in Romania

Daimler subsidiary in Romania, Star Assembly, has officially kicked off the production of the new eight-speed dual-clutch transmission last week. To implement the new product in the transmission portfolio, Daimler built two new production halls in Sebes, stretching on an ...

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Enel X Romania heralds largest e-Mobility infrastructure plan, around 2,500 charging points, up to EUR 20 M investment

Enel X Romania, a subsidiary of the Enel Group’s advanced energy services business line, Enel X, has officially unveiled today and launched the largest public e-Mobility infrastructure plan in the country. The plan will include the installation of around 2,500 ...

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OTP Bank announces the signing of agreement for Banca Romaneasca takeover

The National Bank of Greece has signed an agreement with OTP Bank Romania for the sale of its stake to Banca Romaneasca of 99.28%. The transaction involved the Banca Romaneasca shares owned by NBG and the acquisition of the supplementary ...

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Naspers to buy tocmai.ro

Norwegian group Schibsted Media Group will sell the company that owns Romanian classifieds website www.tocmai.ro to Naspers (South Africa), in a deal that also includes its Portuguese subsidiary, according to an announcement on the Nasdaq. “Schibsted reached an agreement with ...

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