Transport

Romanian distribution & logistics company AQUILA inked an agreement to acquire 100% of the shares of Hungarian peer KITAX Kft. The transaction price is a maximum of EUR 14 million and is calculated based on a mechanism agreed by the parties, considering working capital adjustments and net debt. The acquisition is subject to the approval of the Hungarian authorities for transaction clearance,

Romanian car manufacturer Dacia is out to conquer the hyper-competitive (and profitable) C-segment. The Bigster, an all-new vehicle, has been revealed and will arrive next year to challenge rivals such as the Kia Sportage and Nissan Qashqai. Dacia’s biggest car ever, the Bigster, is 4.57 meters long, and can comfortably accommodate five passengers and all their luggage. The design of the car