AUCTION
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Bucharest Subway Operator Goes Shopping For Power
Metrorex, the operator of the Bucharest subway network, intends to buy one year’s worth of electricity for 52 million lei (EUR12.6 million), according to a company announcement.
Bucharest Authority Awards EUR287M Street Maintenance Contracts
The Bucharest Street Administration has awarded contracts for street maintenance and management for four years, worth a total 1.17 billion lei (EUR287 million, without VAT), to companies inc...
Tourism Ministry To Auction Off Assets In Mamaia Starting At EUR4.2M
Mamaia SA, controlled by Romania's Ministry of Regional Development and Tourism, will again put three of its assets – a hotel complex, a villa and a plot of land – on sale through an open au...
Potential Buyer For City Mall: We'll Sell It For Sure In A Month, Liquidator Says
City Mall shopping center in Bucharest, currently bankrupt, might find a buyer at the third auction, starting at a price of EUR26.2 million, considering Casa de Insolventa Transilvania, the...
Development Ministry Launches Auction To Restore Roads In SE, NE Romania
The Romanian Development and Tourism Ministry on Thursday launched an open auction to award contracts to restore several county and local interest roads in southeastern and northeastern Roma...
Liquidation Price For My Dream: EUR130,000/Apartment
Residential complex My Dream Residence in Pipera (northern Bucharest), developed by Turkish-held Plus Development, has been sold at an auction for EUR16.7 million, which amounts to an averag...
Predeal Hotel Ski&Sky Up For Sale At EUR0.78M Starting Price
The creditors of Romanian bankrupt Grup Constructii Montaj will hold an auction to hold the Ski&Sky hotel in the mountain resort of Predeal at a starting price of almost EUR780,000, Friday s...
Posta Romana’s Auction To Buy Info System Was Cancelled
Romania's settlement body CNSC on March 25 decided to cancel the public procurement auction organized by postal company Posta Romana to buy an integrated information system to help the compa...
City Mall Fails To Attract Buyer For Second Time
Bucharest shopping center City Mall failed to attract investors at a second auction following the company’s bankruptcy in November last year and liquidators are looking for alternatives to r...