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Benovo Takes Over Romanian Aversa’s Assets; Has EUR40M In Store For New Acquisitions
Benovo Capital, owned by Canadian businessman Michael Topolinski, Thursday said it took over the assets of Romanian insolvent pump maker Aversa and also announced it has over EUR40 million a...
Value Of EU Subsidies Per Hectare To Increase Gradually
The value of subsidies granted to Romanian farmers through the EU-funded single area payment scheme will increase this year and will continue to rise about EUR10 yearly, Raluca Daminescu, ma...
Turbomecanica To Sell 3.3-Ha Land After It Relocated Production
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Monday said it would put up for sale a 3.3-hectare land in Bucharest’s sixth district, after it managed to complete the process...
Two Businessmen Want To Sell 20 Ha Of Land In Timisoara For EUR17.5M
Romanian businessmen Emil and Marius Cristescu, owners of group Bega, want to sell several plots of land in Timisoara, with an area exceeding 20 hectares, and the buildings located on them.
How Many Of Planned Malls Will Actually Be Built In Bucharest?
Foreign investors have paid more than EUR400 million in the last six or seven years for plots to develop ten new shopping centers in Bucharest, but the market cannot take that many investmen...
DTZ Sees High Demand For Land For Industrial Developments In Romania
Direct foreign investments have been the main driver for the development of the Romanian industrial and logistics segment over the past six months, real estate consulting company DTZ Echinox...
RomReal Seeks To Sell Lands In Romania, Splits Plots To Attract Buyers
Real estate developer RomReal, with Norwegian and british capital, plans to sell part of the 130 hectares of land it owns in several areas in Romania to ensure liquidity and has started brea...
Stake Of New Property Restitution Law: EUR11B Worth Of Land And Forests
Land owned by research institutes and half of Romania’s forests worth about EUR11 billion euros together are the huge stake of the new property restitution law.
Borza Liquidates Wood Institute, Sells Land
The National Wood Institute, held by AVAS, the authority in charge of privatizing state assets, has been largely liquidated, while a significant part of the land that used to accommodate the...