EY’s Strategy and Transactions and Transaction Tax teams from Romania and Bulgaria provided Morphosis Capital with financial and tax due diligence services for the acquisition of a minority stake in Bulgaria’s EnduroSat, a leading European provider of high-end satellites and space services.
Anglo-Dutch giant Unilever, a leading player on the consumer goods market, is set to shut down its ice cream plant of Veliko Tarnovo, Bulgaria and move part of production to Romania, in Suceava.
OMV Petrom, the second largest natural gas producer in Romania and the largest integrated energy producer in southeastern Europe, has expanded its natural gas supply activities to Bulgaria, starting October, via an offering exclusively aimed at industrial consumers.
Sixty foreign direct investments were carried out in Romania in 2023, with the figure placing Romania ahead of Greece and Bulgaria, reveals EY Attractiveness Survey Romania 2024 study.