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Czech Hobas buys bankrupt Romanian Hobas plant
Hobas Czech Republic, subsidiary of the Swiss maker of fibreglass reinforced plastic piping has recently taken over in a $4.89m transaction the Bucharest-based factory of Hobas Tub Romania,...
Carmeuse buys one more plant from HeidelbergCement
Belgian Carmeuse Group, one of the world's top lime producers, continues its expansion on the Romanian lime market in full gear by buying the plant in Fieni held by German HeidelbergCement G...
Securicor buys local security company
British group Securicor, one of the world's largest security services providers, bought Romanian-based guarding and intervention company Watch Guard Security, held by British businessman Mik...
La Dorna's Valvis buys 5% in Garanta
Jean Valvis, chairman of the La Dorna Company, has decided to invest part of his money in insurance, and therefore bought a 5% stake in Garanta insurer at the end of last year. The seller wa...
Touring Eurolines buys Nova Turism
Touring Eurolines, Romania's second-largest international passenger carrier, took over Nova Turism travel agency, creating a tour operator, Nova Turism-Touring, whose annual turnover should...
Dimon Inc. buys Romanian tobacco
US-based Dimon Incorporated, the world's second-largest tobacco dealer, bought tobacco worth $1m from Romanian farmers last year, and is planning to do more business on the Romanian market,...
Henkell&Sohlein buys Angelli for $11.2 million
German sparkling wine maker Henkell&Sohlein Group at the end of last year bought Astese Production SRL, the company that makes and sells the Angelli sparkling wines on the Romanian market. A...
adidas buys adidas outlets
European sportswear giant adidas has chosen a direct approach for the Romanian market, by taking over the exclusive adidas outlets operated by the Alltrom Service company, a branch of the Al...
Kaufland buys land for hypermarkets
The Romanian retail market was first noticed by the big players several years ago. As those that were brave enough to open stores back then are now posting increasingly better results, compa...