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EY: Romania's M&A market  has fallen by  almost 50 percent în H1 of 2016

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Romania's mergers and acquisitions (M&A) market halved in terms of value to an estimated $1.1 billion (1 billion euro) in the first six months of 2016, from $2.1 billion a year ago, global consultancy EY said on Wednesday.

Romania occupies the fifth place among the Central and South European (CSE) countries, with 56 transactions in the first half of 2016,  E&Y said in its Romania M&A Barometer 2016.

Domestic transactions accounted for 37% of the total number of deals, inbound transactions for 61% and outbound transactions accounted for 2% of the deals made during January-July 2016, EY added.

Germany, France and Poland were the most active investors in Romania in the first half of the year.

In Romania, the most active sector was manufacturing, while in the Czech Republic, Poland and Bulgaria, it was the IT, the report showed.

„As opposed to the same period of last year, when Unicredit ?iriac Bank was the largest transaction in all the CSE countries, this year we’ve experienced a bit of a slowing down, with fewer megadeals. However, the growing interest and the number of ongoing transactions will reverse the descending trend,”  Leader of Transaction Advisory Services, EY Romania Florin Vasilica said.

Romania's mergers and acquisitions (M&A) market jumped by 22% in terms of value to an estimated $3.65 billion in 2015.

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