acquisition

Zentiva Completes Acquisition of Alvogen’s CEE Operations Including Romanian Labormed

Zentiva Group, owned by Advent International, announced Tuesday it has completed the acquisition of Alvogen's Central and Eastern European (CEE) business.

Highlander Partners Buys Majority Stake in Romanian SanoVita

US-based investment fund Highlander Partners said Wednesdafy it has acquired a majority stake in Romanian SanoVita, one of the most reputable and trusted food brands in Romania.

BT Asset Management Cleared to Acquire Pension Fund Certinvest Pensii

BT Asset Management and BT Investments, part of the Banca Transilvania Financial Group, have been cleared by the financial supervisory authority to acquire 100% of Certinvest Pensii, the only local player among private pension funds administrators in Romania.

De’Longhi Acquires New Production Plant in Romania

Italian household appliances manufacturing group De'Longhi on Friday announced the acquisition of a production plant in Romania in Madaras, Bihor county.

Banca Transilvania Plans To Acquire Microinvest in Republic of Moldova

Banca Transilvania, Romania's largest lender by assets, plans to acquire 100% of the share capital of Microinvest, which specializes in financing small businesses and is the leader of the non-banking financing market in the Republic of Moldova.

Dedeman To Acquire Letea Bacau Platform for EUR3.16M

Bacau-based Dedeman group will acquire the industrial platform of former paper mill Letea Bacau for EUR3.16 million and plans to develop a business hub on the site.

Smithfield Buys Local Meat Business in Arad, Western Romania

Smithfield, the largest pork producer in Romania and globally, has recently acquired local meat processor Maier Com in Arad, western Romania.

Praktiker Romania Owner Buys Company’s Stores In Ploiesti And Constanta

Businessman Omer Susli, owner of do-it-yourself retailer Praktiker Romania, bought the stores it operated in Ploiesti and Constanta cities, through a loan from CEC bank.

Competition Council Clears Takeover Of Elgan Automotive KFT And Elgan Automotive SRL By Globalworth

Romania’s Competition Council has approved the transaction whereby Globalworth Real Estate Investments Limited is acquiring Elgan Automotive KFT S.C. and Elgan Automotive S.R.L.

CME Closes $400M Acquisition Of Bulgarian bTV

Broadcaster Central European Media Enterprises (CME) announced Tuesday it finalized the acquisition of Bulgarian bTV group from News Corporation, for $400 million.

Cosmote Romania Says Zapp Acquisition Strengthens Competition On Telecom Mkt

Cosmote Romania officials on Friday said the acquisition of Zapp mobile network, operated by Telemobil company, will strengthen competition on the Romanian telecom market, adding Cosmote already filed the necessary papers to competent authorities in order to complete the transaction.

Romanian Low Cost Airliner Blue Air Negotiates Acquisition Of 10 Boeing 737 Airships

Romanian low-cost airliner Blue Air is negotiating the acquisition of ten Boeing 737 Next Generation airships, whose costs might exceed $1 billion based on their catalog value, the company announced Friday.

Romanian CFR Calatori To Buy 20 Railroad Carriages For Car Transport

Romania’s state-owned passenger railway company CFR Calatori will buy, in the next three years, 20 railroad carriages from railway carriage maker Atelierele CFR Grivita, worth 14.5 million lei (EUR1=RON4.2340), VAT not included, for the transport of vehicles.

Romania’s Tarom To Buy 10 Airships In 2009 – Transp Min

Romanian state-run airline Tarom will buy 10 airships next year, out of which four Airbus, four Boeing and two ATR airships, Transport Minister Ludovic Orban said Tuesday during the conference "Romania Construct & Real Estate Forum 2008", organized by Mediafax.

CME Acquires Leading Blog Site In Czech Republic

Central European Media Enterprises Ltd. (CME) acquired 100% of Jyxo, the IT provider and operator of the leading blog site in the Czech Republic, blog.cz, and Jyxo's affiliate BLOG Internet, from Michal Illich and Centralway Investment AG.