Expats

Euronet Acquires PayNet Romania [Dec 07, 2011] BUCHAREST, Romania & LEAWOOD, Kan., USA--(BUSINESS WIRE)--Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading electronic payments provider, announces the acquisition of Smart PayNetwork S.A. (PayNet). PayNet provides integrated ATM outsourcing services, card issuing and acquiring and POS merchant servicing solutions to financial institutions in Romania. With 44 employees, PayNet operates 720 ATMs ... [via YahooNews] More >>

Diaverum acquires Clinica Dialmed with nine clinics in Romania [Dec 05, 2011] BUCHAREST, Romania & MUNICH, Germany--(BUSINESS WIRE)--Independent renal care provider to care for more than 850 patients in the country Diaverum, one of the world [via YahooNews] More >>

OTP out to buy 'anything' in Romania [Jul 03, 2011] The Romanian arm of OTP Bank, Hungary's flagship retail bank, is interested in buying ?anything? on the local market as it eyes the acquisition of a large bank to gain market share, Bloomberg reported, citing L [via YahooNews] More >>

Romania backs Hungary's ethnic citizenship law [Oct 18, 2010] Bucharest - Romania has no problem with a new Hungarian law which allows easier acquisition of citizenship for ethnic Hungarians in neighbouring countries, President Traian Basescu said Monday. [via YahooNews] More >>

Kraft to Sell Romanian Cadbury Biz [Jul 09, 2010] Kraft Foods Inc. has agreed to sell Cadbury Plc's chocolate confectionery business in Romania to international investment fund Oryxa Capital for an undisclosed amount to fulfill the European regulatory requirement of its $19 billion Cadbury acquisition. [via YahooNews] More >>

Recordati Enters the Romanian Market [Jun 09, 2010] Recordati announced the acquisition of ArtMed International, a company dedicated to the promotion of pharmaceutical products in Romania with offices in Bucharest. Furthermore, the rights to the products currently being promoted by ArtMed were also acquired. The price paid is 1.2 million plus an earn-out based on the gross profit of the 5 products under license. read more [via YahooNews] More >>

Recordati Enters the Romanian Market [Jun 08, 2010] MILAN, ITALY--(Marketwire - June 8, 2010) - Recordati announced the acquisition of ArtMed International, a company dedicated to the promotion of pharmaceutical products in Romania with offices in Bucharest. Furthermore, the rights to the products currently being promoted by ArtMed were also acquired. The price paid is 1.2 million plus an earn-out based on the gross profit of the 5 products under ... [via YahooNews] More >>

(AFX UK Focus) 2010-03-24 07:10 CORRECTED-UPDATE 1-Romania defence body backs F16 purchase plan (Interactive Investor) [Mar 24, 2010] BUCHAREST, March 23 (Reuters) - Romania's Supreme Defence Council on Tuesday approved the acquisition of 24 second-hand F16 fighters produced by Lockheed Martin Corp to modernise its air force. "Taking into account that Romania does not have the needed financial resources to buy new ... planes, the Council okayed a defence ministry proposal to acquire 24 F16 used planes," the council said in a ... [via YahooNews] More >>

(AFX UK Focus) 2010-03-23 17:23 Romania defence body backs F16 purchase plan (Interactive Investor) [Mar 23, 2010] BUCHAREST, March 23 (Reuters) - Romania's Supreme Defence Council on Tuesday approved the acquisition of 24 second-hand F16 fighters produced by Lockheed Martin Corp to modernise its air force. "Taking into account that Romania does not have the needed financial resources to buy new ... planes, the Council okayed a defence ministry proposal to acquire 24 F16 used planes," the council said in a ... [via YahooNews] More >>