Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.
Romaero and Marshall have announced a strategic partnership focusing on the maintenance and modernization of the Romanian Air Force's (RoAF) C-130 Hercules aircraft fleet.
Patria Bank announced that its majority shareholder, EEAF Financial Services, holding 84% of the bank's total shares, is exploring strategic options for its investment.
The Romanian Competition Council is currently reviewing the acquisition of three energy companies by the Romanian company Energy Distribution Services.