01.09.2012

Romanian authorities are carrying advanced negotiations to purchase the Arpechim refinery from oil company OMV Petrom (SNP.RO), local officials in Arges County said Monday. more

01.03.2012

Foods maker Orkla Foods Romania (OFR) on Tuesday announced it has taken over Bucharest-based distributor maker Food Distribution Services (FDS). more

12.15.2011

Romanian Competition Council on Thursday announced it has approved the takeover of electronics retailer Flanco Retail by Asesoft Web, part of the Asesoft group. more

12.07.2011

US-based Euronet Worldwide announced it has bought Smart PayNetwork (PayNet), a Romanian payment services supplier that processes around 15 million card transactions each year. more

12.05.2011

Retailer Mega Image, owned by Belgian group Delhaize, Monday announced it has received the clearance from Romanian competition authorities to buy three G'Market stores, and two of the units will be more

11.28.2011

Swiss fertilizer and grains trader Ameropa Holding concluded “a series of agreements” with the Turkish investors owning Azomures (AZO.RO), to buy the Romanian fertilizer maker. more

11.25.2011

Marking a first on the Bucharest stock exchange, businessman Catalin Chelu was forced by court order to pay damages for not launching an offer to takeover a firm, thus breaching market bylaws. more

11.15.2011

Japanese group Sumitomo will take over 90% of Romanian fertilizer supplier Alcedo within a transaction approved early November by the Competition Council and set for conclusion in the near future. more

11.14.2011

Swedish private equity firm Oresa Ventures has taken over office supplies distributor RTC Proffice Experience, part of the RTC group, which is owned by businessman Octavian Radu. more

11.02.2011

Several hundred companies are for sale on the Romanian market, most of them SMEs, but the number of done-deals is extremely low compared with the 2007-2008 period, when investment funds and investors more

10.31.2011

Swiss group Ameropa Holding is in advanced negotiations to take over Eurofert and Azomures Holdings, which hold a cumulated 75.87% stake in fertilizer maker Azomures (AZO.RO). more

10.18.2011

Romanian pharmaceutical company Terapia Ranbaxy and ZTE, one of the largest Chinese producers of telecom equipment, are interested in taking over Nokia's production halls at Jucu, once the plant more

10.06.2011

Belgian group Delhaize, owner of the Mega Image retail chain in Romania, Thursday said it has taken over the three G'market stores owned by Turkish Anchor Group in Bucharest for an undisclosed amount, more

09.05.2011

Austrian investment fund Do-Fi South-East Holding launched an offer to buy 37.65% in construction company SCT Bucuresti, or SCTB (SCTB.RO), for 16.3 million lei (EUR3.8 million). more

08.31.2011

RCS&RDS, one of the largest providers of communications and television services in the region, controlled by Oradea (Western Romania) businessman Zoltan Teszari, has halted negotiations to buy rival more

08.26.2011

Romanian businessman Catalin Chelu has to make takeover bids in 11 companies where he owns stakes of over 33%, according to a series of ordinances issued by the securities commission CNVM. more

08.17.2011

Belgian group Delhaize, which operates the Mega Image retail chain in Romania, is in advanced negotiations to take over the four G’market stores held locally by Turkish Anchor Group, people close to more

07.26.2011

Romanian pension fund administrator Aviva Pensii will take over voluntary pension fund Pensia Mea from Aviva Asigurari de Viata, after the Private Pension System Supervision Commission (CSSPP) gave more

07.20.2011

Gazprom, through its Serbian subsidiary NIS, submitted a takeover bid to Rompetrol for all its Romanian filling stations two months ago. The Kazakh owners of Rompetrol rejected it, but the proposal more

07.14.2011

Romania’s Competition Council said that “a priori” it is not against a likely takeover of cable service company UPC by telecom operator RCS&RDS, antitrust watchdog president Bogdan Chiritoiu more

07.12.2011

It has long been known that UK’s RBS is not interested in doing business in Romania and it seeks to sell its local portfolio, or rather what is left of it. In fact, the UK parent bank itself is more

06.22.2011

Dan Roman, 61, one of the best-known managers in the local IT industry, who last month stepped down from the management team of Austrian IT services provider S&T, has been recruited by another more

05.31.2011

Liquidator Casa de Insolventa Transilvania, or CITR, recently took over Solve Insolve IPURL in a consolidation and expansion plan that includes another three takeovers by the end of the year. more

05.05.2011

Cyprus-registered Avaliser Trading, previously owned by businessman Florin Pogonaru, was reported Thursday as acting in concert with another four companies owned by Pogonaru, and together they hold a more

05.01.2011

Businessman Elan Schwartzenberg on Saturday confirmed he has taken over a 92% stake in TV station Realitatea TV owned by Sorin Ovidiu Vintu, who is currently under arrest on charges of blackmail. more