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French Giant Saint-Gobain Buys Bankrupt PIC Hypermarket In Calarasi To Expand Production
Companies

French Giant Saint-Gobain Buys Bankrupt PIC Hypermarket In Calarasi To Expand Production

French building materials producer Saint-Gobain, which operates several factories on the Romanian market, acquired the hypermarket in Calarasi and the corresponding land of bankrupt PIC SA,...

Ecaterina Craciun · 08.05.2017 · 18:21 · 2 min
Topmost Investments Buys Office Building Polona 68
Real Estate

Topmost Investments Buys Office Building Polona 68

Topmost Investments, a company controled by Israeli billionaire Teddy Sagi, has bought office building Polona 68 Business Center for EUR17 million and a yield little over 9%, according to ma...

Ecaterina Craciun · 31.03.2017 · 20:52 · 1 min
One Of Bucharest’s Constructions Moguls Sets Off Public Offer To Acquire 22% In Comnord
Companies

One Of Bucharest’s Constructions Moguls Sets Off Public Offer To Acquire 22% In Comnord

Entrepreneur Sorin Creteanu, who owns 53.67% in constructions company Comnord Bucuresti (COSC.RO), submitted an offer to acquire 8,800,000 shares of Comnord, which represent 21.99% of the co...

Ecaterina Craciun · 03.02.2017 · 14:02 · 1 min
Competition Council Clears Purchase Of Two Carrefour Market Stores In Braila By Zanfir
Retail&Consumer

Competition Council Clears Purchase Of Two Carrefour Market Stores In Braila By Zanfir

Romania’s Competition Council on Wednesday said it approved the transaction whereby Zanfir SNC Focsani bought two Carrefour Market stores.

Ecaterina Craciun · 11.01.2017 · 14:51 · 1 min
Dedeman Wants To Stake Flag Next To IKEA In Northern Bucharest
Real Estate

Dedeman Wants To Stake Flag Next To IKEA In Northern Bucharest

Do-it-yourself retailer Dedeman, a company founded by Romanian entrepreneurs Adrian and Dragos Paval, wants to stake its flag next to the IKEA store in northern Bucharest. Dedeman is about t...

Loredana Frățilă-Cristescu · 12.02.2015 · 00:00 · 1 min
Electrica Furnizare Wants To Buy RON62M Worth Of Electricity On OPCOM
Energy

Electrica Furnizare Wants To Buy RON62M Worth Of Electricity On OPCOM

Romanian state-run power distribution company Electrica Furnizare, controlled by electricity producer and distributor Electrica, wants to purchase 62 million lei (EUR14 million) worth of ele...

Ecaterina Craciun · 16.10.2014 · 14:41 · 1 min
Cypriot Investment Fund Buys Danone Headquarters In Bucharest For Nearly EUR6M
Real Estate

Cypriot Investment Fund Buys Danone Headquarters In Bucharest For Nearly EUR6M

Cyprus-based investment fund Secure Property Development & Investment (SPDI) has signed an agreement with the developer that owns the headquarters of French dairy producer Danone in Buchares...

Oana Gavrila · 29.08.2014 · 14:32 · 1 min
Retail&Consumer

GfK: Romanians Outrank The British, Belgians, Russians By Online Smartphone Purchase

Romanians outrank the British, Belgians and Russians by online smartphone purchase, after getting information online, according to a GfK study on the four markets.

Gabriela Stan · 22.08.2014 · 13:00 · 1 min
Constantin: Chinese Investors In Talks To Buy Farms In Romania
Social/Politics

Constantin: Chinese Investors In Talks To Buy Farms In Romania

Romania’s Agriculture Minister Daniel Constantin said Thursday that Chinese investors are close to acquiring several farms in Romania, mainly dairy and vegetable farms.

Ecaterina Craciun · 20.02.2014 · 13:54 · 1 min