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Tnuva chooses Romania over Hungary

Tnuva dairy maker has found Romania the most attractive market for its global expansion, although its first choice was Hungary.

The decision of Tnuva to enter the Romanian market was based on a recommendation from Magna Capital consultancy, which conducted a survey of the dairy market in Eastern Europe that spans six months. Magna Capital was Tnuva's consultant for the entire time needed for the development of Tnuva's greenfield project in Romania, from the land acquisition for the factory, up to and including the selection of strategic business partners. Tnuva is located at Popesti Leordeni and it is the outcome of an investment of some 60 million euros. The factory is employing 400 workers. Tnuva is one among several reference projects of Magna Capital, a company specialising in one-stop shop consulting services that includes financial service for residential, office and logistics property, strategy and mergers and acquisitions. The main fields of Magna Capital's operations include mergers and acquisitions, strategy, housing and construction and retail trade. Among the company's renowned customers are Solel Boneh, Red Sea Hotels, American Colony, Alexnadrion Group, Leadmas, New Horizont, as well as investment funds. In Romania, the company has been working with BancPost, Banca Comerciala Romana, Piraeus Bank, Credit Europe Bank, Raiffeisen Bank, Volksnbank, BRD Groupe Societe Generale and Unicredit Tiriac. Sursa: http://www.rompress.ro

Tags: tnuva romania brd

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