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Prodplast to relocate its production though the acquisitions of the Buftea assets

Prodplast intends to leave Faur platform in order to relocate production on their own property. The company asked its shareholders to approve the acquisitions of certain plots in Buftea for a sum of up to 9 million lei.

Japanese group completes acquisition of Romanian engine factory

Japanese group Nidec has completed the acquisition of Ana Imep Pitesti, the engine factory previously owned by the local investor George Copos.

Tymbark interested to take over Romanian mineral water producer Bilbor

Soft drinks producer Tymbark Romania, controlled by the Polish group Maspex Wadowice, is interested to take over the mineral water producer Bilbor Mineral Water, reports local Profit.ro.

Latvian group buys Romanian ice cream producer

Latvian group Food Union bought a stake of 70% in the local ice cream producer Alpin 57 Lux.

Real estate transactions value in Romania registered 30 pct. growth in the first quarter, up to EUR 180 million

Real estate transactions value in Romania in the first quarter reached EUR 180 million, with more than a half, EUR 96 million, represented by office projects sales in Bucharest, shows a study of JLL.

Wienerberger bought Omer Susli’s brick factory in Buzău

Brick manufacturer Wienerberger România bought the brick factory in Buzău from the company Search Chemicals, own by the Turkish businessman Omer Susli, who bought in 2014 the DIY network Praktiker. The transaction included the company’s assets and a clay quarry.

Romanian businessman electric engine factory to Japanese company Nidec

Electric engine factory ANA Imep, controlled by Copos family, was taken over with majority stake by Japanese company Nidec Corporation, electric engine manufacturer with 49 years of history on Romanian and international markets.

Polish Maspex Wadowice gets green light for takeover of Rio Bucovina

Polish food processing group Maspex Wadowice got the green light from the Romanian Competition Council, the anti-monopoly watchdog, to take over water bottler Rio Bucovina.

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