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China’s State Grid Corporation Interested In Enel’s Romanian Assets
China’s State Grid Corporation, the world’s largest electricity distribution company, is interested in buying the electricity business Italy’s Enel has for sale in Romania.
Oltchim To Auction Off Its Assets Again In December
The administrators of Romanian insolvent chemical company Oltchim SA (OLT.RO) plan to resume the auction for the sale of the company’s assets.
Holcim Romania: Plants Will Be Sold At A Fair Price
French executive François Pétry, who took the reins of the Romanian operations of Swiss construction materials group Holcim in February, says the assets put up for sale in various countries...
Holcim: Some Buyers Want To Buy All Assets Up For Sale
The assets that the construction materials groups Lafarge and Holcim want to sell internationally to be able to merge have drawn the interest of 100 potential buyers and some of them want to...
Lafarge, Most Profitable Cement Company In Romania
Cement producer Lafarge Ciment, the largest company in Romania of France’s Lafarge, which is to sell its local assets in order to merge with Swiss-held Holcim, posted EUR2.4 billion revenue...
No Big Changes In Top Ten Banks And Some Encouraging Signs
An encouraging sign at the top of the bank ranking by assets: BCR, the largest lender in Romania, stopped losing market share and even grew slightly in the first five months of the year from...
Volksbank Romania Buys Unfinished Office Tower In Bucharest For EUR2.5M
The Romanian unit of Austria’s Volksbank bought for EUR2.5 million an unfinished 5,000-sqm office tower in Bucharest from an insolvent firm, which had borrowed about EUR5 million from the ba...
SIF Crisana-Banat Transfers 5% Of Its Assets To Cyprus-Registered Firm
Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) transferred its majority stakes in nine companies listed on the Rasdaq market in Bucharest to SIF Imobiliare Limited, a newly cr...
12 Asset Managers Handle EUR7.8B In Romania
Who are the 12 people who handle EUR7.78 billion worth of assets?