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Bauelemente takes over the precast factory of Lupp Construction in Sibiu

The precast manufacturer Bauelemente took over the assets of the company Lupp Construction România SRL.

Arcon gave Hirsch its polystyrene factories in Sfântu-Gheorghe and Bucharest

The Arcon group, an important player in the field of hydro and thermo insulation production in Romania, has assigned its polystyrene factories in Sfântu-Gheorghe and Bucharest to the company Hirsch Porozell, member of the Austrian group Hirsch-Servo. The transaction should be approved by the Concurrence Council.

Real estate investment volume more than doubles in H1 in Romania, says CBRE

Real estate investment volumes increased by 107 percent in Romania in H1 2016 compared to H2 2015, totaling EUR 359 million, according to a CBRE report. This is one of the highest levels reported over the past five years, according to report.

Arkema Buys Sealant Maker Den Braven in $534 Million Deal

Arkema SA agreed to buy Dutch sealant-and-adhesives maker Den Braven in a deal valued at 485 million euros ($534 million) as Chief Executive Officer Thierry Le Henaff builds on the acquisition of Bostik, the French company’s first foray into these specialty glues.

Romanian real estate investment volumes up 80% in the first half of the year

Romanian real estate investment volumes went up 80% year-on-year in the first half of 2016, reaching an estimated EUR 340 million, according to real estate consultancy company JLL. In the first semester of 2015, the real estate investment volumes stood at EUR 187 million.

Offshore becomes major shareholder of the largest shirt manufacturer in Romania

Romanian Investment Fund, an offshore company registered in one of the most popular tax havens, the Cayman Islands, with registered office at mailbox 30745 Camana Bay, bought from the Swiss bank Julius Baer a stake of 25.1% in Romanian shirt manufacturer Braiconf Braila (BRCR ).

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.

P3 bought land near Bucharest in its second real estate transaction this year

Real estate developer P3, specialized in logistics and industrial facilities development, bought a plot of 8.6 ha in Domneşti , near Bucharest. The acquisition price is about EUR 0.8 million, according to Capital magazine estimations.

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