Romanian group in talks to buy stake in Iranga Technologijos

irangaRomanian holding group ROCA Industry is reported to be in “advanced negotiations” for the acquisition of a 77.5% stake in Lithuanian company Iranga Technologijos for €4m (US$3.9m).

The acquisition would be made through ROCA Industries’ subsidiary Bico Industries, the company said in a statement filed with the Bucharest Stock Exchange.

For the full story, see the November 2022 edition of Textiles Eastern Europe.


Photo: Iranga Technologijos