PURCHASE
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Impact Developer&Contractor To Buy Plot In Promenada Area To Develop New Residential Compound
Real estate developer Impact Developer & Contractor (IMP.RO), which developed the Greenfield project in the vicinity of Bucharest Zoological Garden, wants to buy a plot of land in the Promen...
Forte Partners Buys 1700-Sqm Plot Of Land In Bucharest To Build Office Spaces
Forte Partners, one of the most active real estate developers, which is building The Bridge office buildings in Orhideea area in Bucharest, has bought a plot of land of 1700 square meters in...
Romanians Expected To Buy Some 4.5 Mln Smartphones, Worth EUR900M, In 2017
Romanians bought nearly 4 million smartphones in 2016, 11% more than in 2015, and are expected to buy some 4.5 million units in 2017, worth nearly EUR900 million.
SIF Moldova Buys 6.5 Mln Banca Transilvania Shares For RON15M Within Two Deals
Romanian regional investment fund SIF Moldova acquired, on September 13, two stakes cumulating 6.6 million shares of Romanian lender Banca Transilvania (TLV.RO), for nearly RON15 million.
Revetas Capital, Owner Of Vitantis Shopping Center, Buys Radisson Hotel In Bucharest
Revetas Capital, an investment fund founded and managed by Eric Assimakopoulos, an American real estate broker who signed EUR1 billion worth of deals before creating Revetas, is close to buy...
Dedeman Plans To Buy Only First Three Buildings Of AFI Park Project
Brothers Dragos and Adrian Paval, who own the DIY retail chain Dedeman, no longer want to buy the five buildings of the AFI Park office project, from Africa Israel group, but only the first...
Hungarian Group OTP Close To Buying Banca Romaneasca From Greek Group NBG
Hungary’s largest bank group, OTP, is close to acquiring Romania’s Banca Romaneasca from Greek group National Bank of Greece (NBG), according to the latest data on the market.
Romanians Bought, On Average, Nearly 20 Liters Of Wine Per Capita In 2016
Romania produced nearly 3.3 million hectoliters (330 million liters) of wine in 2016, down 8% on the year, according to data of the International Organization of Vine and Wine (IOVW), and th...
Globalworth Buys 57,000 Sqm Of Land And Builds New HQ Of Renault Romania
Globalworth, one of the most active investment funds on the Romanian real estate market, announced the acquisition of 57,000 square meters of land in the Preciziei area from Coca-Cola HBC Ro...