ADAMESCU
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Adamescu Sells 3.6% Of Unirea Shopping Center To Stepson For EUR0.5M
Romanian businessman Dan Adamescu has sold a 3.6% stake in Unirea Shopping Center (SCDM.RO) to his stepson, Rani Palade, for RON2.2 million (EUR498,400).
Businessman Dan Adamescu Arrested For 30 Days On Bribery Charges
Romanian businessman Dan Adamescu was placed under preventive arrest for 30 days Friday, following a ruling by the Bucharest Court of Appeals, which sustained anticorruption prosecutors' req...
Romanian Businessman Dan Adamescu Detained On Bribery Charges
Romanian businessman Dan Adamescu was detained Thursday under accusations of bribery, the anticorruption department announced.
Insurer Astra’s Owner Challenges ASF Decision
After Romania’s Financial Supervisory Authority (ASF)’s chairman Dan Radu Rusanu and Corneliu Moldoveanu, the ASF vice-president in charge of the insurance market, told a news conference on...
Revamped Seaside Rex Hotel To Reopen Next Year
Five star seaside Rex Hotel in Mamaia (SE Romania) should reopen next year, after a EUR3.5 million renovation and a further EUR5 million upgrade investment, owner Carmen Adamescu says.
Unirea Rent Down 28% Against 2008 Despite Big Fashion Retailers Joining Ground Floor
At the entrance to Unirea shopping center next to McDonald’s, one of the most popular meeting places for young people in Bucharest, customers continue to flock 5-10 minutes before 10 AM, wai...
Will Romanian Billionaires Invest In Petrom Public Offering?
There might be at least 100 people in Romania who have millions of euros in their accounts, which they could use to buy shares at the government's sale of 9.84% in Petrom. ZF tried to find o...