Finance | 8 May, 2024 at 10:55 AM
Deloitte Romania assisted PIB Group on acquisition of Stein Bestasig
The transaction was signed in April 2023 and concluded in April 2024, following approvals received from the Competition Council.
The transaction was signed in April 2023 and concluded in April 2024, following approvals received from the Competition Council.
STEIN Bestasig will coordinate the PIB Group's expansion in Romania, with a series of M&A acquisitions starting in 2024.
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
MOL Group's profit before tax (PBT) down by 23% year on year almost entirely due to external environmental impacts,
The company currently has a market share of between 7% and 15% in certain product segments, with a target of 3% growth over the next two years.
Romania, the main strategic partner of the Republic of Moldova – Reconfirmation by the visit of Prime Minister Dorin Recean to Terra Impex in the Vulcănești Free Economic Zone.
The transaction is financed through the NextGenerationEU program, with the financial support of the Government of Romania and the Government of Bulgaria, through the PNRR.