Turism, Hoteluri, Restaurante Marea Neagra SA (stock symbol: EFO), which manages several hotels on the Romanian Black Sea coast, on April 9 organized an open outcry bid for the sale of the Magura hotel complex in Eforie Sud seaside resort, the company has announced in a stock market report on Thursday, April 9.
Romania's Competition Council is reviewing the transaction through which CCL Avery Holdings B.V., Netherlands, intends to acquire ALT Technologies Transylvania S.R.L., as part of the global acquisition of the shares of Advanced Safety Technologies B.V., Netherlands, and all its subsidiaries.
Romanian onshore drilling company Foraj Sonde Videle (stock symbol: FOJE) has acquired Raffles Energy, a British oil and gas holding company that fully owns the companies Raffles Energy SRL and Zenith Resources SRL, which operate in Romania in the natural gas sector and in electricity production.
Agroland, a Romanian entrepreneurial group active in retail, agribusiness, food production, and animal nutrition, continues to invest in developing its retail network, aiming to open 15-20 MEGA stores per year so as to reach the 300-unit mark in 2028.