Most stakeholders expect a further increase in the mergers and acquisitions (M&A) activity in Romania in 2020, as technology, healthcare and energy are particularly attractive to investors, global consultancy KPMG said, according to SeeNews.com.
In the context of a booming global M&A market, a KPMG survey found a strong sense of optimism at the national level, with 67% of respondents expecting high levels of M&A activity in Romania to continue over the coming months, the consultancy said upon the release of its publication entitled, M&A Landscape in Romania.
“The survey highlights a favourable scenario for this year; the market is driven by a large number of transactions currently in progress and increased appetite for M&As. The M&A market in Romania has seen a remarkable growth trend since 2016, which is expected to continue over the following 12 months”, KPMG Romania Head of Deal Advisory and partner Bogdan Vaduva said.
Investor confidence is supported by the country’s robust GDP growth and its geopolitical positioning. At the same time, M&A has become a strategic part of Romanian entrepreneurs’ growth strategies, according to the survey.
KPMG is a global network of professional firms providing audit, tax and advisory services. It operates in 153 countries and employs over 207,000 globally.
In Romania KPMG operates from six offices located in Bucharest, Cluj-Napoca, Constanta, Iasi and Timisoara.
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