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Finance Ministry Raises RON1.53B From Banks On May 15
Romania's Finance Ministry raised RON1.53 billion from banks on Monday (May 15) selling government paper maturing in April 2028, at an annual average yield of 6.89%.
One United Properties Sells One Athénée For EUR24M To Romanian Investor
One United Properties (ONE.RO), the most active real estate developer in Romania, has signed a pre-sale agreement for One Athénée for EUR24 million, the company said in a report.
Finance Ministry Raises RON690M From Banks On May 11
Romania's Finance Ministry raised RON690 million from banks on Thursday (May 11) selling government paper maturing in April 2036, at an annual average yield of 7.34%.
Premier Palace & Spa Hotel In Bucharest Up For Sale For EUR6.9M
Premier Palace & Spa Hotel in Bucharest, held by Premier Palace, insolvent since 2019, has been put up for sale for EUR6.9 million, court appointed trustee Euro Insol announced.
Austria’s HS Timber Sells Romanian Company to Ziegler Group
Austria’s HS Timber sold its company in Sebes, Romania, to Germany’s Ziegler Group, which has logistics and wood processing operations. With this acquisition, Ziegler Group enters Romania.
It’s a Deal: Carrefour Buys Cora Out of Romania
French-held Carrefour group will take over rival Cora’s operations in Romania in the largest deal in local retail in the last few years, put at EUR70 million to EUR90 million, several source...
Filip & Company Assisted Fondul Proprietatea in Sale of Minority Enel Stake
Law firm Filip & Company assisted Fondul Proprietatea (FP.RO) in the sale of its minority stake in E-Distributie Muntenia SA, Enel Energie Muntenia S.A., E-Distributie Dobrogea S.A., E-Distr...
Unita Turism Sells Fantanele Complex to Transilvania Quest for EUR5M
Unita Turism Holding, which operates several hotels in Romania, has sold the Fantanele complex by the Belis Lake, Cluj County, to Cluj-based Transilvania Quest for EUR5 million, Transilvania...
Fondul Proprietatea Sells Minority Stakes in Enel-Owned Firms in Romania to Greece’s PCC for RON650M
Fondul Proprietatea, a minority stakeholder in companies owned by Enel group in Romania, sealed a contract for the sale of the respective stakes to Greek company PPC for RON650 million.