Romania's Competition Council is assessing the transaction through which A-AG Holdco Ltd intends to acquire Intersystems Holding Inc. and the companies related to the grain and protein business of AGCO Corporation.
Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, September 9, the ministry announced on Friday (Sept 6).
Swedish group Holmbergs Safety Systems, controlled by investment fund FSN Capital, has filed a request for the insolvency of its subsidiary in Romania, which it set up in 2020 by taking over local company Te-Rox Prod from local entrepreneur Doina Cepalis, as per an announcement published on the web portal of courthouses.
Romania's economy edged 0.7% higher, in unadjusted data, and grew by 1.5% in seasonally adjusted data, in the first half of 2024 compared to the same period of 2023, provisional (1) estimates from the country's statistics board INS showed on Friday (Sept 6).
Law firm PeliPartners has assisted Bogdan Idu and companies of his group in the sale of their entire stake in Octogon Gas & Logistics, the company that operates the biggest LPG maritime terminal in Romania, to Nawaf Salameh Family Office, which owns spirits producer Alexandrion Group among others.
Quehenberger Logistics Rou, a major player on the transport and logistics market, for 2023 reported turnover of RON364.8 million (EUR73.7 million), down 9% from the previous year, in line with ZF calculations based on Finance Ministry data.
Kastamonu Romania, controlled by Turkey’s Kastamonu Entegre, ended the first half of 2024 with interim turnover of around EUR70 million, flat from H1/2023.
Pavel Holding and Apex Alliance have recently sealed an agreement for the acquisition of Waldhaus Flims Wellness Resort, a five-star hotel compound of Switzerland. The reopening of Waldhaus Flims is scheduled for 2025.