Firms controlling Bucuresti Mall and Plaza Romania to merge

Newsroom 12/10/2014 | 14:55

Two firms that are part of Turkish group Anchor and own shopping centers Bucuresti Mall and Plaza Romania will merge. The two companies have combined assets of over EUR 200 million.

“As a result of the merger’s approval/registration, Plaza Mall Development and Management, under its status of absorbed society, is dissolved without liquidation and will ease to exist, while Bucuresti Mall Development and Management will take over the entirety of its assets. After the merger, the social headquarters of Bucuresti Mall Development and Management will remain unchanged, in the Bucuresti Mall shopping center”, according to the merger project.

The firm’s association remain, after the merger, Anchor Retail Investment (96.92 percent) and Fiba Capital Investment (3.07 percent), both registered in the Netherlands and the total share capital will be RON 2.39 billion.

According to the merger project, by merging the two societies the owners are looking to intend commercial activity efficiency and motorization. The two shopping malls are currently undergoing a refurbishing process valued at EUR 25 million.

BR Magazine | Latest Issue

Download PDF or read online: July August 2022 Issue | Business Review Magazine

The June 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Companies Embracing Sustainability For A Better Future” Read it online
Newsroom | 02/08/2022 | 10:15

You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

I agree with the Privacy policy of business-review.eu
I agree with the storage and handling of my data by business-review.eu

Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue