about us | newsletter | contact | archive | members area
Anda Todor, AmCham Romania
More attention needs to be paid to the qualitative approach, rather than quantitative»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Romania plays in the big league, says Deloitte survey

On the backdrop of a stable economic context in the region and with growing macroeconomic indicators, Romania has won the deal doers' trust now becoming a core market for private equity funds next to Poland, according to the Deloitte Central Europe Private Equity Confidence Survey.

2017-12-14 14:53:36

"We have seen a significant increase in the activities of the private equities in Romania, following successful rounds of fund raising, but also successful exits performed in the past year," said Radu Dumitrescu, Partner Deloitte Romania. "Some of the largest transactions closed during the last period of time include Profi's acquisition by MEP and Allianz Capital Partners acquisition of a minority stake in EoN Distributie Romania. I expect that in Romania private equities will be in the front line with large deals during the following period and I would not be surprised to see multi hundreds of millions of Euro single transactions that will have a private equity involved. Romania has more businesses of interest to large PE houses in sectors such as life sciences, oil and gas, financial services or manufacturing and production. Romania is now playing in the same league with Poland and I strongly believe that we are finally and definitely on the map of large PE funds."

Following a bumpy year after the Brexit vote, Europe and CE is showing resilience and even signs of strength, which project one of the region's strongest years ever for both exits and fundraising as many of CE's private equity houses generate strong returns for their investors.

After a gentle increase in the spring, confidence in Central Europe has rebounded more strongly over the last six months to end on 130. The uptick, from 113 in the spring, is encouraging as it marks the highest level in three years. Much of this is likely down to confidence in the economy, with 90 per cent of respondents expecting the healthy backdrop to remain the same (64%) or improve (26%) over coming months.

Respondents are hungry for deals: two-thirds of respondents expect to focus mostly on buying in the coming months, and funding them should be smooth, given a doubling of respondents expecting leverage to become more available (21 per cent) - the highest level in two years. Deal sizes may also be set to increase, with 36 per cent of respondents expecting them to go up - the highest level in more than a decade since the heyday of spring 2017.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  6837 Views
Daily Info
Transelectrica accelerates investments to increase the energy system safety in Dobrogea

The National Power Grid Company Transelectrica marked the completion of the second stage of the project of rehabilitation of the Station Transformation 400/110/20 kV Tulcea We...

CTP: smart expansion in a growing market

CTP, the most dynamic logistics and industrial parks developer in the country, will soon become a "millionaire" in square meters of premium logistics space. The company experi...

New regulations adopted by ANRE will have a strong negative impact on consumers and endanger 4.500 jobs, says ACUE

The electricity distributors members of the Federation of Associations of Energy Utility Companies (ACUE) are deeply concerned about the negative impact on networks and consum...

President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, in ...

Vodafone to lay off 1,700 service center employees in Romania, India and Egypt

Vodafone, one of the biggest telecom groups in the world, will lay off 1,700 employees from its service centers in Romania, India and Egypt, in this financial year, the group'...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, ...

President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions...

1 Comment

New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the...

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar. ...

1 Comment

Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

OTP Asset Management Romania launches open-end investment fund with exposure to the global real estate market

OTP Asset Management Romania launched the OTP Real Estate & Construction (OTP REC) fund to offer international exposure on the real estate and construction market.

Healthy Central European private equity activity levels set to continue, says Deloitte

The strong momentum underway in Central Europe's private equity markets should continue, according to the latest Deloitte Central Europe Private Equity Confidence Survey.

2 Comments