takeover
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Voicu & Filipescu: Takeover of Stefanica, Dutu & Asociatii boosted our turnover
Law firm Voicu & Filipescu posted an over 3.9 million-euro turnover in the first eight months of this year, from a 3.8 million-euro turnover last year. The company is one of the top ten players on the market in terms of revenues derived in 2007. "We exceeded l...
Deutsche Bahn confirms talks for Romtrans takeover
Deutsche Bahn, one of the leading railway operators in Europe, is in talks to take over Romanian transport company Romtrans, in a transaction estimated to be worth 80-100 million euros, acco...
Astra takeover puts Uniqa among leading players
Austrian Uniqa Group is waiting for the approval of the Insurance Supervision Commission to complete the takeover of Astra Asigurari, where it holds 27%. "Uniqa secured the approval of the C...
Somaco in takeover talks
Somaco, the Bucharest-based construction supplies manufacturer, controlled by businessman Stefan Radulescu, is in talks with several foreign players in the industry to secure a partnership,...
Pilkington expects 11m-euro turnover after Gimarom takeover
The management of Pilkington Automation, a British company that is part of the Japanese Nippon Sheet Glass (NSG) group, which recently took over Gimarom, an auto glass distribution and insta...
Zapp to see investments after takeover by Arab group Saudi Oger
The takeover of Romanian company Telemobil (operator of the Zapp network) by the group owned by the family of the former Lebanese Prime Minister Rafic Hariri - one of the richest families in...
Competition Council approves PharmaFarm takeover by Richter Gedeon
The Competition Council approved on December 20, 2007 the takeover of the Cluj-Napoca-based distributor PharmaFarm by Armedica Trading, the Romanian development strategies division of Richte...
AIG negotiates takeover of Oradea-based Simcor
Shareholders of the Simcor group in Oradea, one of the largest producers of construction materials in Romania, are under negotiations with several foreign investment funds, among which AIG C...
Three groups on the shortlist for LaborMed takeover
Two investment funds and one international pharmaceuticals company are on the shortlist to take over drug producer LaborMed Pharma. Advent International and GED Capital, investment funds whi...