Big investments, listings, state stake sales, takeovers and PNRR projects, each dated and sourced.
29 Oct 2026DealannouncedMazarine Energy
Carlyle and the EBRD agree to sell Black Sea Oil & Gas to Mazarine Energy
Mazarine Energy B.V. is to buy Black Sea Oil & Gas S.A. and BSOG Holding Activity S.A., Romania's largest offshore gas producer. BSOG stays operator of the Midia Gas Development project, which has supplied about 12% of domestic gas demand since June 2022. The price is not disclosed; completion needs customary regulatory approvals.
26 Oct 2026DealannouncedClever Media Network
Clever Media Network and EAD.RO Interactive agree to buy Kanal D Romania for EUR 109 million
Romanian Content Project S.R.L., owned by Clever Media Network and EAD.RO Interactive, is to buy 100% of Dogan Media International S.A. from Dogan Holding: Kanal D, Kanal D2, Radio Impuls and digital operations. The price is EUR 109 million, paid in instalments and subject to adjustments. Completion is subject to regulatory approval.
9 Oct 2026DealannouncedRheinmetall
Rheinmetall buys the Mangalia shipyard for €138 million
The court-appointed liquidator of the insolvent Mangalia shipyard, formerly a joint venture with Damen, confirmed its sale to Rheinmetall for €138 million on 9 October. Rheinmetall won a contract of about €920 million in May, under the EU SAFE programme, to build four vessels for the Romanian Navy.
2 Oct 2026DealannouncedCris-Tim Family Holding
Cris-Tim signs to buy ready-meals rival Via Trend and sandwich maker Snack 4U
Cris-Tim Family Holding (BVB: CFH) signed on 2 October to buy 100% of Via Trend Ready Meals SRL from Brainfly Ltd, and with it Snack 4U Concept SRL, Romania's largest sandwich maker. The two companies run three production units with 380 staff and had average adjusted turnover of about 143.2 million lei a year in 2023–2025. The price was not disclosed. Cris-Tim expects to cut back significantly the roughly 100 million lei it had planned for a new ready-meals plant.
11 Jun 2026Dealin forceSTRABAG SE
Strabag completes its takeover of railway builder BAWI Construction
Austria's STRABAG SE completed the purchase of 100% of BAWI Construction SRL on 1 October, after the regulatory approvals. BAWI is a Bucharest railway infrastructure contractor with 240 employees and €60 million of output in 2025. The takeover was announced on 11 June. The price was not disclosed.
29 May 2026Dealin forceRomgaz
Romgaz takes over Azomureș's fertiliser production
Romgaz, the state-controlled gas producer, bought the fertiliser and industrial-products business of Azomureș, part of the Ameropa group, at its Târgu Mureș platform: the production assets, contracts and employees. The Transfer of Business Agreement was signed on 29 May 2026 and approved by Romgaz shareholders on 6 July.
On 2 September Romgaz said it had completed the formalities and would restart production in stages, after inspections and repairs, because operations had been suspended. The Competition Council announced its authorisation of the deal on 11 September.
9 Apr 2026Dealin forceForaj Sonde Videle
Foraj Sonde Videle completes its takeover of gas producers Raffles Energy and Zenith Resources
Foraj Sonde Videle (BVB AeRO: FOJE) completed the purchase of 100% of Raffles Energy (UK) Ltd on 25 September, after the conditions and approvals were met. The UK holding owns Raffles Energy SRL and Zenith Resources SRL, which hold natural gas concessions and projects with Romgaz, at shares of 50% to 60%, and produce electricity from gas. The deal was announced on 9 April. The price was not disclosed.