Despite the decline in value, the outlook for the remainder of 2025 is positive. The anticipated completion of the significant deal involving the sale of Regina Maria chain is expected to boost the market's total value. This transaction alone is projected to drive the market value beyond the levels of the previous year.
From a sectoral perspective, industrial products and services, real estate, and energy accounted for 40% of the volume of transactions and over 70% of their value.
“In the real estate sector, transactions involving shopping centres (the expansion of M Core's local portfolio) were notable, while in energy, renewables continued to be at the forefront of transactions (companies developing or operating photovoltaic parks were the subject of transactions with a combined value of over €60 million in Q1).
On the other hand, sectors that recorded a decrease in transaction activity compared to the same period last year include retail and financial services,” according to George Ureche, Partner M&A at PwC Romania
Several notable transactions under negotiation have been announced in Q1, including:
- CTP Property's acquisition of 6 logistics projects from the P3 group, estimated at €280 million euros.
- GLGH Steel's agreement to acquire a majority stake in Artrom Steel Tubes SA, valued at over €100 million.
- Kronospan's acquisition of ZG Timber Sebeș from the Ziegler group, estimated at over €50 million.
Looking ahead, Ureche added we might see more deals made by financial investors this year, especially as new investment funds have appeared in the local market.
