takeover

The Stadio Hospitality Concepts group owned by local entrepreneur Radu Dumitrescu has taken over 18 Lounge by Embassy, one of the most known sky bars in Bucharest, located on the 18th floor of City Gate South Tower, Piata Presei Libere.…

EximBank has concluded the acquisition of Banca Romaneasca SA (BROM). The offer, made in June in accordance with the applicable law in Romania, was part of EximBank’s agreement with National Bank of Greece (NBG) to acquire its 99.28% stake…

Following the acquisition of ABC Data’s operations in Eastern Europe on July 1, its Romanian subsidiary became part of the ALSO Group, a Swiss holding and major European technology provider with organisations in 22 European countries. ALSO…

Zitec IT & Digital Marketing company in Romania has recently taken over the teams and portfolios of Bright and Symbolic, two companies specialised in web-design, e-commerce software development and digital marketing, which reported a…

Sodexo Romania has concluded the full takeover of the 7card shares, within a transaction started in 2016 by the purchase of 20pc of the company. In 2017, Sodexo bought another 40pc of the shares of 7card. Through the concluded…

The Competition Council has authorized the takeover of Leumi Bank Romania by First Bank, by acquiring 99.9235% of the joint capital, a release posted on Monday on the institution’s website reads. The Competition Council's analysis has…

Austria-based operator Cineplexx International has announced its entrance on the Romanian cinema market after having bought Grand Cinema & More multiplex within Băneasa Shopping City in Bucharest. According to the company's press…

Zentiva Group and Siyiara Enterprises have signed a sale contract to buy Romanian-based Solacium, together with its subsidiary Be Well Pharma. Solacium is currently part of the Dr. Maz group and owned by Siyiara Enterprises together with…

The Competition Council has authorized the transaction whereby Central Bottlings Company Ltd takes over from Molkerei Alois Muller GmbH & CO KG the stake in the capital of Muller Dairy Ro SRL. The release issued by the CC reads that…

The Vestmoldtransgaz takeover by Transgaz has been concluded on September 6, minister of Economy announced, as quoted by Digi24. The deal has been inked in Chisinau after the final documents of the transaction have been signed by the…