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Transilvania Investments Alliances Seeks To Sell Low-Cost Hotels
Capital Market

Transilvania Investments Alliances Seeks To Sell Low-Cost Hotels

Transilvania Investments Alliance’s (TRANSI.RO) executive board has called shareholders for a meeting on July 11 to vote on the sale of the stake Nova Tourism Consortium SA holds in Societat...

Loredana Frățilă-Cristescu · 07.06.2024 · 20:33 · 1 min
Pension Funds Buy Hidroelectrica, Electrica, BRD, Sell OMV Petrom, Fondul Proprietatea, Banca Transilvania In April
Capital Market

Pension Funds Buy Hidroelectrica, Electrica, BRD, Sell OMV Petrom, Fondul Proprietatea, Banca Transilvania In April

Aripi, BCR Pensii, BRD Pensii, Metropolitan Life Pensii Private and NN Pensii are the Pillar II private pension funds that were active on the Bucharest Stock Exchange in April 2024, conducti...

Loredana Frățilă-Cristescu · 06.06.2024 · 23:07 · 1 min
Lidl Puts Up For Sale 4-ha Warehouse In Nedelea, Prahova
Retail&Consumer

Lidl Puts Up For Sale 4-ha Warehouse In Nedelea, Prahova

German-held discount store chain Lidl, the leader of the local grocery retail by 2023 sales (RON22 billion), has put up for sale the warehouse it owns in Nedelea, Prahova County. The warehou...

Loredana Frățilă-Cristescu · 06.06.2024 · 00:00 · 1 min
Italy’s Artsana Starts Romania Plant Sale Process
Companies

Italy’s Artsana Starts Romania Plant Sale Process

The officials of Italian group Artsana, which manufactured children’s apparel in Botosani under brands such as Chicco and Prenatal, have announced they started the local plant sale process.

Cristina Roșca · 28.05.2024 · 09:39 · 1 min
BRD Finance To Cease Operations In Romania After 20 Years
Banks-Insurance

BRD Finance To Cease Operations In Romania After 20 Years

BRD Finance, the consumer finance unit of BRD-SocGen, the fourth largest bank in Romania by assets, is to exit the local financial landscape after two decades in business and is in the proce...

Loredana Frățilă-Cristescu · 21.05.2024 · 09:57 · 1 min
Four One United Shareholders Sell 234M Shares For RON216.9M On Friday
Capital Market

Four One United Shareholders Sell 234M Shares For RON216.9M On Friday

Real estate developer One United Properties (ONE.RO), the leading real estate investor and developer of sustainable residential, office and mixed-use projects in Romania, announced after the...

Loredana Frățilă-Cristescu · 12.04.2024 · 20:32 · 1 min
New Tezaur Treasury Bills Available As Of Monday April 15
Banks-Insurance

New Tezaur Treasury Bills Available As Of Monday April 15

A new issue of Tezaur Treasury bills will become available on Monday, April 15, Romania’s finance ministry announced on Friday.

Loredana Frățilă-Cristescu · 12.04.2024 · 19:22 · 1 min
Law Firm Filip & Company Assists Digi Spain in Sale of FTTH Network to Consortium of Several Investors
Companies

Law Firm Filip & Company Assists Digi Spain in Sale of FTTH Network to Consortium of Several Investors

Filip & Company team assisted DIGI Spain Telecom S.L.U. in the deal sealed with Sota Investments Spain OpCo, S.L.U., a company controlled by a consortium made up of Macquarie Capital, abrdn...

Cristina Bellu · 09.04.2024 · 10:44 · 1 min
Swiss Entrepreneur Claudio Cisullo Sells Almost RON10M Of One United Properties Shares
Capital Market

Swiss Entrepreneur Claudio Cisullo Sells Almost RON10M Of One United Properties Shares

CC Trust Group, a family business founded and held by Swiss entrepreneur Claudio Cisullo, sold 10 million shares of real estate developer One United Properties (ONE.RO) on March 21.

Loredana Frățilă-Cristescu · 25.03.2024 · 20:12 · 1 min