Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Danish facility services firm ISS sells Romanian business to Hungarian group

The Danish company ISS Facility Services, a major player in the facility management market (support services for buildings), with about 1,300 employees on the local market, sold its operations in Romania to B+N Referencia, one of the largest Facility Management providers in Hungary, under a regional deal, Profit.ro reported.

ISS also sold its operations in the Czech Republic, Slovakia, and Hungary in the same deal.

The four subsidiaries in the region have total annual sales of EUR 70 mln and employ almost 4,000 people. ISS shareholders will receive at least a quarter of the amount of DKK 2.5 billion (EUR 336.1 million) expected from the sale of the operations.

With this transaction, B+N Referencia will reach over 10,000 employees. The transaction represents the beginning of the international expansion for the Hungarian company.

(Photo: Makasanaphoto | Dreamstime.com)

andrei@romania-insider.com

Normal
Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Danish facility services firm ISS sells Romanian business to Hungarian group

The Danish company ISS Facility Services, a major player in the facility management market (support services for buildings), with about 1,300 employees on the local market, sold its operations in Romania to B+N Referencia, one of the largest Facility Management providers in Hungary, under a regional deal, Profit.ro reported.

ISS also sold its operations in the Czech Republic, Slovakia, and Hungary in the same deal.

The four subsidiaries in the region have total annual sales of EUR 70 mln and employ almost 4,000 people. ISS shareholders will receive at least a quarter of the amount of DKK 2.5 billion (EUR 336.1 million) expected from the sale of the operations.

With this transaction, B+N Referencia will reach over 10,000 employees. The transaction represents the beginning of the international expansion for the Hungarian company.

(Photo: Makasanaphoto | Dreamstime.com)

andrei@romania-insider.com

Normal
 

Romania Insider Free Newsletters