Renaissance Capital is working with a consortium of local brokerage firms, including EFG Eurobank Securities, BT Securities and Romcapital.

To support its activities in Romania, Renaissance Capital plans to open a Bucharest office, which will offer investment banking services, privatization advisory and private equity financing.

The firm is currently working on two local M&A mandates for Romanian clients in the private sector, and plans to pursue privatizations and private deals in a range of industries, such as oil and gas, utilities, banking, consumer goods and infrastructure.