take over

President Klaus Iohannis has stated on Monday that Romania is not ready to take over the European Council Presidency, arguing the responsible stakeholders in the Government are replaced or they are leaving, while „things have got crazy”.…

The European Bank for Reconstruction and Development (EBRD) has bought 19% of the Piraeus Bank, J.C. Flowers & Co investment fund has 76.1%, while the bank’s management will hold 4.9% of the bank. The takeover had been announced since…

The National Bank of Romania (BNR) opposes the intention of OTP Bank Romania to acquire a 99.28% stake in Banca Romaneasca and mentions that the reasons on which the decision is based cannot be revealed, a release from the central bank…

The Competition Council has authorized the transaction through which Yusen Logistics Europe will take over Keswick European Holdings Limited and Tibbett Logistics SRL, a press release issued on Friday informs. Yusen Logistics Europe B.V.…

The Competition Council analyzes the transaction by which OTP Bank Romania takes over Banca Romaneasca SA, as well as the Romanian assets related to the London branch and the Malta subsidiary belonging to the National Bank of Greece SA…

The Competition Council has authorized, on conditions, the transaction through which the Lactalis group takes over Covalact SA and Lactate Harghita SA, the competition authority says in a statement released on Tuesday. "Following the…

The Ministry of Finances will set up the position of secretary of state who will coordinate European affairs regarding public finances in the view of Romania’s taking over the EU Presidency during July-December 2019. The new position was…

Vice premier Oprea to take over prime minister duties. PM Victor Ponta informed on Sunday that the doctors that operated him decided he could be discharged, but he would resume the duties deriving from his position in 28 days. Ponta also…

eMag, the largest online retailer in the region, has started the necessary steps to extend business on the Polish market. The company submitted a request in December 2014 to the Competition Council and Consumer’s Protection in Poland in…