US-held Ingredion will buy 49% in AGFD Tandarei (Ialomita County, southern Romania) from Agrana Stärke, a subsidiary of Austria’s Agrana Group. The deal is subject to approval by competition authorities.
Entrepreneurial company Aquila (AQ.RO), one of the largest actors in the fast-moving consumer goods distribution business in Romania and in the region, notified the Bucharest Stock Exchange of having completed the acquisition of Kitax Kft in Hungary.
Real estate developer Hagag Development is reopening the Stirbei Palace on Calea Victoriei in Bucharest, turning it into „the first luxury department store in Romania”. The opening is scheduled for the second half of 2025.