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OTE Announces Cost to Clear Last Hurdle in Orange’s Takeover of Telekom Romania Fixed Operations
Greece’s OTE has officially announced the estimated cost to pay to buy the former Romtelecom stake in the former Cosmote Romania, the last hurdle for the takeover of the former fixed telepho...
Apartment Prices Continue to Rise in Bucharest
Apartment prices went up in five districts in Bucharest in June compared with the previous month, and down in only two districts, as the market headed towards an 11-year peak.
Prices of Old Apartments Up in Only Three Districts in Bucharest in March
Prices of old three-room apartments in Bucharest went up by EUR150 or 0.15% to EUR98,850 on average in March compared with February, real estate consultant SVN Romania data show.
Old Three-Room Apartment Prices in Bucharest Up 4% in 2020
The prices of old three-room apartments in Bucharest stagnated at EUR98,400 on average in December compared with November, after having gone up EUR100 the previous month, real estate consult...
Old Three-Room Apartment Prices in Bucharest Down in October
Prices of old three-room apartments in Bucharest fell by EUR500 or 0.5% in October compared with September, reaching EUR98,300, after having gone up EUR100 the previous month, real estate co...
Traian Halalai, Eximbank CEO: We Paid EUR61M for Banca Romaneasca
EximBank paid EUR61 million for Banca Romaneasca at a EUR130 milion capital acquired, says EximBank CEO Traian Halalai, which means the sale was done at a multiple of 0.4.
Old Three-Room Apartment Prices in Bucharest up 5.3% in 2019
The average prices of the three-room apartment in Bucharest built in the ‘80s rose by 5.3% in 2019, according to real estate consultant SVN Romania.
Gas Prices for Household Consumers Drop 5% as of July 1
The price of natural gas for household consumer will drop by 5% as of July 1, energy regulator ANRE said Monday.
Investors in Bank Stocks Gain 20% in Bucharest Stock Exchange’s Best Week Since 2010
Banca Transilvania, and BRD, the most traded stocks on the Bucharest Stock Exchange, gained up to 20% last week, as more and more investors expect the tax on bank assets to be dropped.