HAGAG Europe Development completed the acquisition of BTD GAS.

HAGAG Europe Development, a real estate investor and developer based in Romania and Israel, completed the acquisition of BTD GAS, a distributor of natural gas in Romania. Financial terms were not disclosed. "Over the past eight years, our real estate developments have redefined Bucharest’s urban landscape. Today, we are expanding our vision beyond buildings, taking a first step towards the evolution of the group here in Romania. We continue to be a trusted real estate developer, while also striving to establish ourselves as a strategic player in the energy sector, all guided by the core values that define us - long-term vision, innovation, reliability, quality, and the unwavering commitment to deliver positive social and economic impact," Yitzhak Hagag, HAGAG Europe Development Cofounder and Chairman.