The transaction will be completed following the receipt of the necessary approvals from the Financial Supervisory Authority and the Romanian Competition Council.
Alpha Bank Romania will be merged into UniCredit Bank Romania, creating the third banking group by assets in the country.
The closing of the announced transaction is conditioned by a legal process, including the completion of due diligence and prior approvals.
In addition to SunLake Snagov, the developer is also working on SunLake Residence, SunLake Homes and SunLake Pipera projects.
With an installed capacity of approximately 710 MW, the photovoltaic parks acquired by OMV Petrom are among the most important projects of this type in South-Eastern Europe.
The former Eva retail property located in downtown Bucharest, on Magheru Boulevard, is occupied by Mega Image and has a leasable area of approximately 1,700 square meters.
The transaction was closed in October 2024, coinciding with the completion of the previously announced sale by Renovatio of 50% of the shares of Electrocentrale Borzești.
Under the partnership, the founders of Marty Restaurants will continue managing operations in their Cluj Napoca locations.
The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).
The acquisition of TehnoWorld extends ROMCIM's portfolio offering and better positions the company to meet Romania's infrastructure and complex non-residential needs.
TriGranit is one of the largest privately-owned real estate development platforms in CE, with over two decades of operations and has completed nearly 50 landmark projects.
Clifford Chance Badea advised PPC Group throughout the entire transaction, providing support on aspects of due diligence.
Global Vision's joint venture with Globalworth completed the divestment of 136,374 sqm of leasable area and a plot of land in Constanta.
The Landmark, developed in 2016, is a BREEM Excellence Certified business park comprising three class A office buildings with a GLA of over 23,700 sqm.
While Romanian M&A deal volumes increased in H1 2024 compared to H2 2023 by 13.8%, the decrease in deal volumes during the H1 of 2024 reflects the global trend in deal volumes.
This acquisition presents new opportunities for R-GOL to expand in the fast-growing sports technology market and diversify its business model with regular subscription revenues.
The deal is expected to close after obtaining necessary approvals from the relevant regulatory authorities, and of the project permits for construction readiness.
In the northern part of Bucharest, 70% of customers are looking for 3 and 4-bedroom apartments or houses with one floor in the Pipera and Tunari areas.
Advising MORE in its first transaction on the local market, Clifford Chance Badea lawyers assisted the client in structuring and negotiating the related transaction documents.
The acquisition of TFMO aligns perfectly with H.Essers' growth strategy, enabling the logistics company to expand its presence in France.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.