Real estate, hospitality & construction, traditionally a leading sector in M&A, recorded a 19.5% increase in 2024, with deal volume rising to 49. In line with global patterns, the energy & utilities sector saw a 51.7% year-on-year growth, driven by a twofold increase in deal volume to 38 deals (vs. 19 in 2023) within the renewable energy sub-sector. This growth showcases Romania’s emergence as a prime destination for renewable energy investment, supported by its rich natural resources and alignment with EU policy commitments. Advanced manufacturing & mobility maintained its position in third place with 41 deals, with the logistics sub-sector showing a 20% increase in transaction volumes, reaching 12 deals. Technology, media and telecommunications secured the fourth place holding steady at 40 deals, driven by an 55.6% increase in the media sub-sector. Boosted by resilient private consumption, consumer products & retail ranked fifth increasing by a modest 5.4%, with the beverage sub-sector achieving a striking 267% growth in 2024.
The largest transactions of the year
The sale of a 629 MW renewable energy portfolio by Evryo Group (previously CEZ Romania) to Public Power Corporation (PPC), the main electric power company in Greece for US$ 768m.
The acquisition of Hungary-based OTP Bank’s operations in Romania by Banca Transilvania, the country’s largest bank, for a consideration of US$ 375m.
The sale of a 99 MW onshore wind project by Sweden-based OX2 for approximately US$ 234m to Nala Renewables, a joint venture between Australia-based IFM Investors and Trafigura, one of the world’s largest commodity suppliers. EY’s multidisciplinary, cross-border team supported OX2 in its debut transaction in Romania by offering full sell-side M&A advisory.
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Publish date : 2025-01-22 06:08:00
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