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Germany’s Schwabisch Hall Exits Shareholding Structure Of Raiffeisen Banca pentru Locuinte
Raiffeisen Bank has come to an agreement to take over Germany’s Schwabisch Hall’s 33.3% stake in Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL).
New Look Fashion Brand Leaves Romania
British fashion brand New Look, introduced in Romania as a franchise, has decided to leave about four years after the opening of its first store in the country.
Ghenea: PC Garage Exit May Happen This Year
Several foreign strategic investors are interested in buying PC Garage, the third leading online computer and electronics retailer in Romania, and a deal might happen this year, owner Marius...
Fondul Proprietatea To Announce Progress Of Exit From Electrica Subsidiaries Soon
Fondul Proprietatea (FP.RO) will make an announcement about its talks with electricity distribution group Electrica (EL.RO) to exit its subsidiaries by the end of this week, the fund’s manag...
Value4Capital Getting Ready To Exit MedLife
Private equity firm Value4Capital (V4C), which bought into private medical service operator MedLife in a EUR20 million deal in 2009, is getting ready to sell its 36% stake.
Henk Paardekooper, RBS: More Banks Will Leave The Market
Henk Paardekooper, the Dutch banker who supervised the sale of the RBS Romania portfolio to UniCredit, believes more foreign banks will decide to leave the Romanian market because there are...
Reason Behind Volksbank’s Departure: RON1.75B Loss In Four Years
The local subsidiary of Volksbank, which Banca Transilvania (TLV.RO) acquired this week, posted more than 1.75 billion lei (about EUR400 million) losses in the last four years due to sour lo...
Five Companies Set To Enter Race For Enel Assets In Romania
Two Romanian state-run companies and three foreign groups are interested in taking over the local assets of Italy's Enel group.
Greek-Held Marinopoulos No Longer Has Any Business In Romania
Greek-held Marinopoulos, one of the most important franchise holders in Romania during the economic boom years of the last decade, has no more operations left in the country, following the l...