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Advent to pay $43.7m for Terapia
American investment fund Advent International on Friday published the preliminary announcement of the tender offer for all the shares of the Romanian drugmaker Terapia Cluj-Napoca. The offer...
PRO TV and Acasa: how to win over audiences everyday
PRO TV and Acasa, the TV stations comprised by Mediapro International (MPI), have jointly posted turnover in excess of $20 million and operating profit worth more than $4 million - by far th...
Eurobank to get GE's 8.75%
Greek bank EFG Eurobank will not stop at holding a 53.25% stake in Banc Post, as it has pre-emption rights for buying the 8.75% in the Romanian bank currently held by General Electric Capita...
Surprise deal on banking market, BPI sells 17% in Banc Post to Eurobank
Surprise deal on the banking market. Banco Portugues de Investimento (BPI) suddenly decided to withdraw from the Romanian banking system and sold its 17% stake in Banc Post. The buyer is non...
SIF to undergo transformation. Into what?
"The stipulations of this law apply accordingly to the financial investment companies, as well." This is one of the last paragraphs of the consolidated capital market law draft now debated b...
Quadrant Amroq Beverages to build its second factory in Romania
Quadrant Amroq Beverages (QAB), Pepsi's bottler in Romania will invest $7 million in building a new factory in Covasna. The factory to be dedicated in May next year is something special, ind...
New player drawn to leasing market
Greek Egnatia Bank Group, shyly operating on the Romanian banking market for three years now, has decided to try its hand at the leasing market by establishing a company in this regard. This...
Unilever to export Romanian output
The Romanian-made output of Anglo-Dutch concern Unilever will start being exported to Western Europe as of September, Martina Kastler, CEO of Unilever South Central Europe told Ziarul Financ...
Arcelik moves production to Romania
Home appliance group Arcelik is planning to relocate its water-heating unit from Bloomberg, Germany to Romania, where the Turkish company holds Arctic Gaesti, according to Turkish central da...