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Rompetrol buys France''s leading independent oil products distributor
Rompetrol Group took over the main independent petroleum products distributor in France, Dyneff, group chairman Dinu Patriciu yesterday stated. Rompetrol Group estimates it will double its t...
Adamescu buys SIFs'' stake in Astra
Businessman Dan Adamescu, the majority shareholder of Astra Asigurari, has reached an agreement with the SIFs that had challenged a capital increase performed by the insurance company, thus...
Indian company buys 65% in Bega Upsom
The Indian company GHCL bought 65 percent in Romanian soda ash producer Bega Upsom Ocna Mures, Alba Country, for 19.5 million dollars (16.5m euros). A press release from the Indian company s...
UniCredito buys into CA IB, Swiss takes over Active
Italian bank UniCredito Italiano last week became the indirect majority shareholder in CA IB Asset Management, a company managing three mutual funds on the Romanian market, after the Nationa...
Immofinanz buys up everything in its path in Bucharest
Immofinanz buys up everything in its path in Bucharest
Montero buys Eurofarmacia
Montero buys Eurofarmacia
"Mr. Joe" buys German firm to produce in Romania
German know-how and cheap labour from Romania - this is the recipe of the entrepreneur Florentin Banu, who has already sold two of the businesses he founded, the producer of Joe wafers and t...
UPC buys Focus Sat, enters satellite TV market
UPC, a communications operator that is part of America''s UnitedGlobalCom Group, has acquired 50% in Focus Sat, a Romanian satellite TV provider, in a deal involving a share acquisition and...
Copos buys Athenee Palace Hilton Hotel from French owners
Vice-premier George Copos and a group of Romanian businessmen, have bought the controlling interests in the company that owns the Athenee Palace Hilton Hotel in Bucharest from its French own...