Arctic Stream finalises acquisition of stake in Data Core Systems
Arctic Stream, a public IT infrastructure and security integrator, has formalised the acquisition of a 23% stake in Data Core Systems (DCS).
Arctic Stream, a public IT infrastructure and security integrator, has formalised the acquisition of a 23% stake in Data Core Systems (DCS).
This acquisition marks the third transaction for Morphosis, having committed to deploy over 30% of the Fund's investable capital within the first 7 months of its first closing.
According to the current shareholder structure, MedLife holds the majority stake - 60% - and Mihai Pavel, the group's founder, holds 40%.
Currently, more than 2.5 million customers can access the flexible financing options available in My Wallet.
GLGH Steel is now working to secure the support of the Romanian Government for this transaction, which would put the future development of Artrom on the right track.
Tazz operates in over 35 cities and has become one of the most important platforms, offering a strong selection of restaurants, supermarkets, retailers, and local merchants.
Ahold Delhaize currently operates almost 1,000 stores in Romania under the Mega Image brand.
China-based company BSE specializes in both water-cooled and air-cooled systems with up to 5.5 MW of cooling capacity, as well as heat recovery and reuse solutions.
Ahold Delhaize has undertaken a substantial package of commitments to address the concerns expressed by the Romanian Competition Council related to this transaction.
The merger of the two companies contributes to strengthening BT Leasing's market position, as it reaches 35,000 customers.
The initial 70% stake in Workshop Doors' share capital was acquired by ROCA Industry in February 2024.
The platform acquired by Agroland Agribusiness is located on a plot of land covering 8,257 square meters.
he acquisition is expected to close in the next few months, subject to customary closing conditions and regulatory approvals.
IRIDE is the first and one of the largest business parks in Bucharest, located in the Pipera area.
Alsendo targets further international expansion, consolidation and transformation into a leading tech-enabled delivery management solutions provider.
PragmaGO provides financing to SMEs in the form of factoring and loans, mainly through embedded finance, unique services that are directly integrated into the ecosystem of partners.
The transaction has an estimated value of approximately €27 million and was recently signed.
Through this strategic transaction, Humans.ai strengthens its position in the emerging sector of artificial intelligence and blockchain technology.
Razvan Costin, the founder of Starfish Technologies, joins Humans.ai as Head of Innovation and board member, with the development team integrating into the Humans.ai R&D team.
The acquisition expands the SAMEDAY Grup portfolio with services dedicated to stores operating an online channel, in Central and Eastern Europe.
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.