AUCTION
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Finance Ministry Raises RON567M from Banks on June 20
Romania’s Finance Ministry raised RON567 million from banks via a government paper auction, at an annual yield of 9.23% on Monday, June 20.
RCS&RDS and Invite Systems to Pay Over EUR40M in Licensee Fees After 5G Auction
Romania’s communications market regulator ANCOM on Tuesday announced the auction for the allocation of radio spectrum (5G) had been finalized and the two bidders - RCS&RDS and Invite Systems...
Digi Subsidiary Wins Frequency User Rights Auction in Portugal
Telecom operator Digi Communications (DIGI.RO) on Thursday notified the Bucharest Stock Exchange that Portugal’s telecommunications watchdog ANACOM had completed the auction for the allocati...
Liquidator Seeks to Sell Chemical Fertilizer Plant Chemgas Slobozia
Insolvent chemical fertilizer plant Chemgas Slobozia, part of Interagro group, has been put up for sale by judicial liquidator at a starting price of RON124 million.
Banks in Romania Sit on Cash Again in February
The interbank market ended February with cash surplus again and banks that were left with lei on their hands at the end of some days used the overnight deposit facility provided by Romania’s...
Libra Internet Bank Puts Bucharest Hotel Up For Sale
The four-star hotel Best Western Plus Expocenter, located in northern Bucharest, was put up for auction by its creditor, Libra Internet Bank, at a starting price of EUR6.9 million.
Hidroelectrica To Auction Off The Last Lot Of Micro Power Plants In May 2016
Romania's state-owned hydropower producer Hidroelectrica, undergoing insolvency, on Monday said it would put up for sale, through open outcry auctions, the last lot of 20 micro hydropower pl...
Hidroelectrica Buys ERP System For EUR1.7M
Romanian state-owned power producer Hidroelectrica on Monday said it bought, through public auction, an Enterprise Resource Planning (ERP) system for EUR1.7 million.
Five Top Banks Looking For Buyers For 3,700 Foreclosed Homes
BCR, BRD, Banca Transilvania, Raiffeisen and CEC Bank, some of the largest lenders in Romania whose websites show information about foreclosed homes, are looking for buyers for about 3,700 s...