Portland Trust, the investment fund having ARES Management and Bluehouse as equity partners, has finalized the sale of Expo Business Park compound, of Bucharest’s Expozitiei area, to Austria’s S Immo, which also owns Bucharest’s shopping center Sun Plaza.
Expanded polystyrene (EPS) manufacturer Hirsch Porozell, the local subsidiary of Austria’s Hirsch Servo AG, last year topped RON200 million in turnover, after a 52% increase from the 2020 figure, in line with ZF calculations based on Finance Ministry data.
Grampet, the largest private rail freight and logistics operator in Romania and Central and South Eastern Europe, is present on the logistics segment in Austria with the company Grampetcargo Austria.
Adrian Cocan, founder of Agroserv Mariuta, the company owning the Laptaria cu Caimac brand, with RON49 million turnover in 2020 and around 200 employees, says he plans to take his products to Germany, Austria, Switzerland, Benelux.
Austria’s ALPLA Group, a world leader in the development, production and recycling of plastic packaging, has acquired Austria’s packaging manufacturer Wolf Plastics Group.
Former McDonald’s Romania chief executive officer and minority shareholder Daniel Boaje has bought the McDonald’s franchise for ten restaurants in Austria from entrepreneur Dietmar Kuhn.