The value of the Romanian M&A market reached EUR 2.7 bln in 2005 – up 17% year on year – not including large deals: the privatisation of the largest Romanian commercial bank BCR (EUR 3.7 bln) and the sale of the mobile operator Connex to Vodafone for some EUR 2.1 bln. The number of the deals nearly doubled to 100. In terms of value of deals, traditional sectors such as energy, telecom, baking and pharma still dominate the Romanian M&A market*.

In 2002, Britain's Euromoney business publication awarded Raiffeisen Investment AG the prize for the best mergers and acquisition company in Romania in recognition of the quality of the advisory services for the privatisation of Sidex Galati steel-mill in 2001.

Raiffeisen Investment has advised on over 50 transactions in Romania since 1998, across a broad range of industry sectors

* Source: www.securities.com