A study on the characteristics of the Romanian merger market in the European context

Abstract

Viewed from the perspective of the players on the economic markets, mergers and acquisitions, known as M&As, are external growth strategies that enable entities to develop their businesses by leveraging the financial, human, or economic resources of other companies. The purpose of this article is to provide a quantitative description of the merger operations that took place in Romania in 2016, by presenting their main characteristics. Although few as number, the cross-border mergers between Romanian and European companies were taken into account. For the purpose of this research, the merger projects, published in the Official Gazette of Romania, part IV, were analyzed. Data on mergers were extracted, processed and then interpreted, taking into account economic, legal, geographical criteria, etc.