The market of mergers and acquisitions (M&A) in Romania has registered 109 tradings in Q1 2022, up by 25% against the similar period of last year, shows an analysis made by EY, consultancy company.Despite the high volume of tradings, the estimated value of local activity for mergers and acquisitions was lower year in year out, at 2.5 billion dollars, against 4.2 billion dollars in Q1 2021, as a result of a drop of 51% of the value of the tradings, says EY.‘The acquisition of the auto producer Ford Romania by Ford Otosan the Netherlands for 785 million USD was the biggest trading in this period, followed by the acquisition of a portfolio of NPL in Romania by APS Holdings Corporation from Bank of Cyprus, for 158 million USD, the acquisition of the wind park Beta Wind by Energias of Portugal, through its subsidiary EDP Renovaveis, for 136 million USD and the acquisition of EXPO Business Park by S IMMO for 108 million USD’ the press release says.According to the consultants, the strategic investors continue to be the main actors of the markets for mergers and acquisitions in Romania, representing 89% of the tradings.Domestic tradings registered an advance of 45% in Q1 2022 against the same period of last year, with a total of 55 tradings, while the foreign players increased their activity with only 9% on the Romanian market (49 tradings) against the same period of the previous year. As regards the source, most active investors were from the US (five tradings), followed by the investors from the Netherlands, Poland, Belgium and the UK (each four tradings). The most active sectors depending on the volume of tradings drawn are still technology (15 tradings) and the real estate sector (12 tradings) followed by diversified industrial products (6 tradings), health (5 tradings) and tele-communications, media and entertainment and energy and utilities (four tradings each).At global level, despite the geopolitical trouble and financial ones, the activity of merger and acquisitions in the first part of 2022 was resilient, according to the analysis made by EY. In the first part of the yea there were 2,274 tradings, with a total value of 2.203 trillion dollars.EY is a company of professional services at global level, with 312,250 employees in over 700 offices in 150 countries and income of approximately 40 billion dollars in the fiscal year closed on 30th June 2021.
Romgaz, one of Romania’s most important state-owned energy companies, is set to become a natural gas supplier and expand abroad, in line with new goals set by the Ministry of Energy. If the procurement and implementation procedures proceed according to the established schedule, the first offers established by Romgaz for residential and small non-residential consumers […]
Roborock, a global leader in home robotics engineered to simplify daily life, announces its participation in CES 2025 with its "Rock a New Era" theme, inviting consumers and industry observers to discover a new world of highly intelligent smart home cleaning led by its new Saros flagship series, featuring its latest R&D breakthrough, the Roborock […]
Floria, a benchmark brand in the Romanian floristry market, continues its expansion in the shopping centers of the capital and has opened a new franchise flower shop. Following its locations in Promenada Mall, Băneasa Shopping Center, Plaza Romania, AFI Cotroceni, and Sun Plaza, the new flower shop in Bucharest Mall, opened with an investment of […]
Romania's radical party AUR (Alliance for the Union of Romanians) is set to hold a large-scale protest for “freedom and democracy” on January 12 in Bucharest, marking their opposition to the annulment of the presidential elections by the Romanian Constitutional Court. AUR is also holding the event to signal their disapproval of incumbent president Klaus […]
The Romanian Ministry of Energy announced that the volume of natural gas exported from the Neptun Deep perimeter to Germany, under a contract previously reported by media, will represent less than 1% of the total estimated production of the Black Sea field, which has estimated reserves of over 100 billion cubic meters of natural gas, […]
For the Romanian IT companies, an important sector in the local economy, 2024 meant fewer new contracts, a much longer time needed to attract new business, increased labor costs amid legislative changes, and an unfavorable global context, according to a report filed at the end of last year by the management of the Employers' Association […]
