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Dedeman Owners Close To Signing Agreement To Buy AFI Park 1-5 Office Buildings
Real Estate

Dedeman Owners Close To Signing Agreement To Buy AFI Park 1-5 Office Buildings

The latest round of talks between Africa Israel group and Romanian entrepreneur Dragos Paval over the sale of AFI Park 1-5 near the AFI Cotroceni mall in Bucharest should come near a close i...

Loredana Frățilă-Cristescu · 23.05.2017 · 00:00 · 1 min
Developer Working With Kaufland And Lidl Bought 12,000 Sqm Of Former Policolor Site
Real Estate

Developer Working With Kaufland And Lidl Bought 12,000 Sqm Of Former Policolor Site

Romanian paint and coatings manufacturer Policolor has sold 12,000 square meters of its former site on the Theodor Pallady Boulevard in Bucharest to ERES - Entire Real Estate Solutions compa...

Loredana Frățilă-Cristescu · 19.05.2017 · 00:00 · 1 min
Lidl Buys Two Stores From Penny Market In EUR6M-EUR8M Deal
Retail&Consumer

Lidl Buys Two Stores From Penny Market In EUR6M-EUR8M Deal

German-held discount store chain Lidl bought two XXL Mega Discount stores in Sibiu and Galati for its direct rival Penny Market, market sources say. The deal comes after the closing of the e...

Loredana Frățilă-Cristescu · 11.05.2017 · 00:00 · 1 min
TMD Friction Buys Land To Expand Production In Caransebes
Automotive

TMD Friction Buys Land To Expand Production In Caransebes

German-held TMD Friction, which arrived in Romania with a brake systems plant in Caransebes less than a decade ago, intends to expand operations in the city so it bought three plots of land...

Loredana Frățilă-Cristescu · 14.04.2017 · 00:00 · 1 min
One United Properties At Its Third Major Acquisition This Year
Real Estate

One United Properties At Its Third Major Acquisition This Year

Entrepreneurs Andrei Diaconescu and Victor Capitanu, who own real estate company One United Properties, which specializes in premium and luxury residential projects, bought the plot of land...

Loredana Frățilă-Cristescu · 23.12.2016 · 00:00 · 1 min
Dedeman To Pay EUR6m For Industria Iutei Plant Site
Real Estate

Dedeman To Pay EUR6m For Industria Iutei Plant Site

Romanian-held do-it-yourself retailer Dedeman is negotiating to buy an almost 3-hectare plot of land in Bucharest’s sector 5 from flax, hemp and jute products manufacturer Industria Iutei. D...

Loredana Frățilă-Cristescu · 15.03.2016 · 11:09 · 1 min
Analysts Have Different Stance On Whether To Buy Petrom Shares Or Not
Capital Market

Analysts Have Different Stance On Whether To Buy Petrom Shares Or Not

The analysts of Austrian group Erste Bank (EBS) have changed their opinion on the shares of oil company OMV Petrom (SNP.RO) after the Government announced it would levy tax on the additional...

Manuela Panescu · 29.01.2013 · 00:00 · 1 min