Govnet

Elbit Systems Inaugurates a Land Systems Integration and Production Facility in Romania

Elbit Systems inaugurated on November 27, 2018 a new Land Systems engineering and manufacturing facility near Bucharest, Romania in a ceremony attended by senior officials and industry representatives.

The inaugurated facility will operate as a production and integration center for the Company’s turrets and weapon stations that are contracted in local programs and serve as a regional hub catering for demand from other countries.

Dunapack Rambox announces a 45 million Euro investment in a Corrugated Packaging Factory near Bucharest

Dunapack Rambox, the local subsidiary of the Dunapack Packaging division, part of the Austrian group of Prinzhorn Group, announces the start of construction works for the new corrugated corrugated packaging factory in Bolintin-Deal. The new Dunapack Rambox production unit will work in addition to the existing plant in Sfantu Gheorghe, Covasna, to be benefited from a significant technical upgrade.

Mid Europa Partners acquires courier firm Urgent Cargus

Mid Europa Partners, the leading private equity investor in Central and Eastern Europe, announced that it has entered into an agreement to acquire 100% of shares in Urgent Cargus from Abris Capital Partners. The transaction is subject to customary clearance by anti-trust authorities and is expected to close in Q4 2018.

ADM Capital and Wienerberger cancel sale of Brikston Construction Solutions

Private equity fund ADM Capital announced that the agreement to sell its full shareholding in Brikston Construction Solutions to Wienerberger AG of Austria in October 2017 is cancelled. The transaction was submitted to Romanian Competition Council for merger clearance process. Upon the correspondence with Romanian Competition Council, ADM Capital and Wienerberger decided to cancell the sale of Brikston Construction Solutions S.A.

Investments

ENGIE acquires Flashnet a company specialized in Smart Public Lighting

ENGIE announced the acquisition of 60% of Flashnet, a Romanian Internet of Things (IoT) company. Thanks to its solutions, many cities, both large and small, already enjoy all the benefits of smart public lighting networks.

With this acquisition, ENGIE strengthens its position on the smart public lighting market. Established in 2005, Flashnet is continuously focusing on R&D which allows it to be at the forefront of IoT developments and launch innovative solutions for municipalities.

Buran Venture Capital becomes Flashpoint and launches 50 million euro venture debt fund

MedLife acquires Rozsakert Medical Center in Hungary

Elbit Systems Inaugurates a Land Systems Integration and Production Facility in Romania

Dunapack Rambox announces a 45 million Euro investment in a Corrugated Packaging Factory near Bucharest

Mid Europa Partners acquires courier firm Urgent Cargus

Biriş Goran advises CloudTreats in the sale of food delivery platform hipMenu to Delivery Hero

ADM Capital and Wienerberger cancel sale of Brikston Construction Solutions

ENGIE acquires Flashnet a company specialized in Smart Public Lighting