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Excelent buys Kandia under $6m complex transaction
Sweets maker Excelent Bucharest took over the main stake in Kandia Timisoara from investment fund Rivta GmBH, under a complex transaction worth $6 million.The acquisition of Kandia shares, a...
NBR buys less foreign currency
The National Bank of Romania was a net foreign currency buyer last month, having bought almost 58 million euros from the interbank market, almost three times less than in the previous month....
RCS&RDS buys TerraSat and changes cable television market hierarchy
The hierarchy of the top five cable television operators has changed. The fourth-largest company on the Romanian cable TV market, TerraSat, was acquired by number two - RCS&RDS group. Hence,...
Alexandrion builds distillery, buys vineyard
Beverage producer Alexandrion Group is planning to invest some $3m in a wine distillery this year, which it intends to use to make the Alexandrion brandy. To that end, it is also planning to...
TUI buys into Romanian tour operator
German company TUI, Europe's largest tour-operator, took over 70% in Danubius Travel Agency, one of the biggest such companies in Constanta, the German group said. Danubius operates in busin...
Metal Invest Grup buys into Uton
Darmanesti-based Metal Invest Grup has managed to buy 352,139 shares in technological equipment provider Uton Onesti for 81,375 ROL/share in a takeover bid on the Bucharest Stock Exchange. T...
UniCredito buys another 20% stake in Demirbank Romania
UniCredito Italiano's offer to acquire an additional 20% equity interest in Demirbank Romania, currently owned by the International Finance Corporation, has been accepted by the Turkish auth...
UniCredito buys another 20% stake in Demirbank Romania
UniCredito buys another 20% stake in Demirbank Romania
Coup de theatre in IT world: Hewlett-Packard buys Compaq
On Monday, when the United States were celebrating Labor Day, a company born in a garage back in 1939 got its hands on another, which made its debut in the '80s, launching the first PC ever...