Poland's Szallas Group acquires Romanian travel agency Litoralulromanesc.ro for €21M to expand in Romania's travel market.
Poland's Szallas Group, a subsidiary of Wirtualna Polska Holding, has acquired Romanian travel agency Litoralulromanesc.ro for €21M, aiding its expansion in Romania's travel market. PwC Romania and legal firm D&B David si Baias assisted the agency's founder, Ionut Nedea, during the transaction. The acquisition showcases the potential for strategic partnerships and investment opportunities in Romania's economy.
June 11, 2024
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