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Auchan takes out 10m-euro loan from BRD
BRD-Groupe Societe Generale granted funding worth 20 million euros to MGV Distri-Hyper, the company developing the Auchan network of hypermarkets in Romania. "This agreement, whose first sta...
Dafora Medias takes out loan
Dafora Medias, a company involved in oil drilling and in construction, plans on contracting an investment credit worth 6 million euros in order to acquire a drilling installation, according...
Indian group takes over Tubinox
The Indian company Viraj Alloys Limited took over the whole stake, that is 99.5%, in the pipes producer Tubinox Bucharest, previously owned by Silcotub Zalau. The transaction was conducted t...
SIF Moldova takes part in capital increase
SIF Moldova has recently subscribed 14.66 million RON (4.75 million dollar) worth of BancPost shares, during the capital increase operation of this bank, a SIF Moldova notification sent to t...
Nestle takes over Delta ice cream producer
The Swiss company Nestle has bought the Greek ice cream producer Delta Ice Cream, which owns a plant in Romania, located in Bucharest. The deal, worth 240m euros (287 million dollars) direct...
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...
Share purchase takes Asirom over the 100m-euro mark
A transaction conducted yesterday involving the purchase of some 10% in Asirom, one of the top three insurance companies on the market, has taken appraisals of the company to nearly 100 mill...
Bucharest Stock Exchange takes investors on rollercoaster ride
The Stock Exchange has started to shake the portfolios of investors on the market with increasing ferocity, with rises and falls of 5% from one day to another occurring more and more often o...
GIGI takes on luxury cosmetics market
GIGI takes on luxury cosmetics market