stake
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Greeks at Tyras interested in Prodlacta majority stake
Greek dairy producer Tyras, which cumulates 10 million euros in turnover from two companies, has paid over 2.2 million euros for a 20% stake in Brasov-based Prodlacta, with the transaction being conducted via Greece-based Rodopi, a company controlled by Tyras.
3TS Capital Partners boosts stake in Romprest
Private equity company 3TS Capital Partners, whose investments stand at more than 30 million euros on the domestic market, has increased its stake in sanitation company Romprest Bucharest (w...
Potential rise in SIF stake cap could aid stock market rebound
The SIFs decline halted during the last two sessions of last week, after SIF Banat-Crisana (SIF1) and SIF Moldova (SIF2) announced they would propose to their shareholders an increase to the...
Ascendis in negotiations to sell 30% stake
Ascendis, one of the largest players on the consulting and training market in Romania, is in talks with an Austrian company to sell a 30% stake. "The Austrian company is small, with turnover...
Radu Timis, CrisTim: I won't sell a majority stake
Businessman Radu Timis, chairman and shareholder of CrisTim, the leader of the domestic cold cuts market, has said he does not intend to sell the company, which he and his wife created in 19...
ADM Farm co-owner considers both stake sale and merger
Businessman Dragos Pop, who owns 50% in pharmaceuticals distributor ADM Farm, which posted a 60 million-euro business last year, has stated that he is considering both the possibility of sel...
CEC changes its mind, decides to sell Asiban stake
CEC (The Romanian Savings Bank) has decided to sell its 25% stake in the insurance company Asiban, after originally announcing last month that it was considering holding onto it, whilst inte...
BMW could take over stake in EBS Romania
The German group BMW will take over some of the shares of EBS Romania, a producer of economic software solutions, which handles some of the IT systems of the German carmaker. EBS posted busi...
STK Emergent buys 1.7m-euro stake in Bermas
Investment fund STK Emergent, managed by STK Financial, has acquired a 7.05% stake in the shares of beer producer Bermas Suceava worth 1.7 million euros, with the undervalued shares, which h...