STRABAG PFS to enter Romanian market through acquisition of Brenneka companies

STRABAG Property and Facility Services (STRABAG PFS), a subsidiary of the European construction group STRABAG, agreed to acquire 100% of Romanian companies Brenneka Install and Samivo Instal. The transaction is expected to close by the end of 2026, subject to approval from the relevant authorities. The STRABAG subsidiary signed the acquisition agreement on August 11. The financial terms of the…