startupcafe.ro/fost-sef-emag-iulian-stanciu-cumpar

Iulian Stanciu and Adrian Crețoiu acquire assets from Transgex SA, including drilling equipment and contracts with Romgaz and OMV Petrom. The operation has been authorized by the Competition Council, allowing Foraj Sonde SA Videle to expand its geothermal energy services. The deal, valued at €9.5 million, includes a drilling installation and personnel. Foraj Sonde SA Videle aims to grow its operations in geothermal energy, having already established contracts in France and the Netherlands. Transgex SA focuses on geological research and groundwater exploitation, primarily owned by Luana and Gheorghe Calburean.