EU accession boosts M&A market

The mergers and acquisitions market in Romania is expected to expand dramatically as of this year thanks to Romania’s upcoming accession to the European Union. Many Romanian companies will be in need of capital inflows in order to compete on the European single market. At the same time, companies with production centres in the new EU member countries are expected to relocate to countries like Ukraine and Romania. “The mergers and acquisitions market is currently very small compared with other countries in the region. However, it has very good prospects for growth. I expect the market to grow by two or maybe three times this year,” said Marc Cannizzo, a partner in Osprey Partners consulting firm. Osprey Partners is a member of the chain of advisory firms, Mergers and Acquisitions for Central and Eastern Europe (M&A CEE), which is comprised of companies from most Eastern European countries. M&A CEE is to sign a co-operation protocol with the most important international network in this sector, International Network of M&A Partners (IMAP). The partnership will allow members of the two chains to work together to find investors for companies looking for funding. ZF