The European Bank for Reconstruction and Development (EBRD), CEECAT Capital, and Morphosis Capital have announced the completion of their investment in Romanian retailer La Cocos, following approval of the deal by the Competition Council and the completion of the operation with the companies part of Germany’s Schwarz Group, owner of the Lidl and Kaufland chains.
State-run Antibiotice Iasi (ATB.RO), has started a EUR75 million strategic project to build a research and development center and a new production facility for critical medicines.