EY: The Romanian M&A market size has decreased with almost 50 per cent in H1 2016
Romania occupies the fifth place among the CSE (Central and Eastern Europe) countries, with 56 transactions in H1 2016. Germany, France and Poland were the most active investors in Romania.
2016-10-26 13:21:47
The Romanian market size has decreased with almost per cent (1.1 billion USD in H1 2016, as opposed to 2.1 billion USD in H1 2015), as shown in EYs M&A Barometer.
The total H1 2016 estimated transaction value in the CSE market was
14.1 billion USD, 14.3 per cent lower than in the previous year. This drop is mainly due to less mega deals over one billion USD in this period, according to EY. Although the overall transaction volume increased in H1 2016, most of the countries experienced decreased M&A activity in terms of the number of transactions.
There were 655 closed transactions in H1 2016. The Czech Republic was the most active country in terms of deal volume, followed by Turkey, Poland, Hungary. Romania occupies the fifth place, with 56 transactions in H1 2016 (almost 30 per cent less than the same period of last year).
"As opposed to the same period of last year, when Unicredit Tiriac Bank was the largest transaction in all the CSE countries, this year we have experienced a bit of a slowing down, with fewer megadeals," said Florin Vasilica, leader of transaction advisory services, EY Romania. "However, the growing interest and the number of ongoing transactions will reverse the descending trend."
The CSE transaction market was again dominated by domestic transactions in H1 2016 as in 57 per cent of the total number of deals the buyer and the target originated from the same country. This represents a nine per cent percentage point increase compared to H1 2015.