Hagag Europe Development enters Romanian energy sector through acquisition of BTD Distribuție și Furnizare

Business

HAGAG Europe Development (TASE:HGGE) has announced that it is diversifying its operations in Romania by entering the energy sector through the acquisition of BTD Distribuție și Furnizare, a Romanian company specializing in infrastructure development, distribution, and supply of natural gas. The acquisition marks Hagag’s entry in the structure of the existing company, taking over all current operations, including employees, systems, activities derived from successful tenders, as well as the