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Britain’s Cineworld Abandons Plans to Sell Cinemacity in Romania
Companies

Britain’s Cineworld Abandons Plans to Sell Cinemacity in Romania

The British operator of cinema chain Cineworld announced it gave up the planned sale of its Eastern European activities, stating the received bids did not reach the necessary value for its c...

Liviu Popescu · 18.04.2023 · 11:13 · 1 min
Prefera Foods Sells Brands and Distribution to Morad Group for EUR3.25M
Companies

Prefera Foods Sells Brands and Distribution to Morad Group for EUR3.25M

Prefera Foods of entrepreneur Raul Ciurtin has sold Prefera Trading SRL to the Morad Group. Prefera Trading, previously 100% owned by Prefera Foods, holds a number of food brands and handles...

Loredana Frățilă-Cristescu · 13.04.2023 · 23:37 · 1 min
SIF Oltenia Seeks to Sell Stake in Baile Tusnad for RON2.8M
Capital Market

SIF Oltenia Seeks to Sell Stake in Baile Tusnad for RON2.8M

SIF Oltenia (SIF5.RO) has notified the capital market of the start of the steps to sell its 8.57% stake in hotel company Baile Tusnad (TSND.RO), which manages two hotels in the spa town by t...

Loredana Frățilă-Cristescu · 11.04.2023 · 22:19 · 1 min
Finance Ministry Raises RON304.6M From Banks On April 10
Banks-Insurance

Finance Ministry Raises RON304.6M From Banks On April 10

Romania's Finance Ministry raised RON304.6 million from banks on Monday (April 10) selling bonds maturing in October 2026, at an annual average yield of 7.21%.

Ecaterina Craciun · 10.04.2023 · 20:11 · 1 min
Belvedere Residence Developers Sell Shopping Gallery to Private Investor in Largest Street Front Retail Space Deal of Recent Years
Real Estate

Belvedere Residence Developers Sell Shopping Gallery to Private Investor in Largest Street Front Retail Space Deal of Recent Years

The developers of Belvedere Residence project of northern Bucharest have sold the shopping gallery part of the mixed-use compound to a private investor, in the biggest deal with street front...

Roxana Dumitru Rosu - Mediafax · 04.04.2023 · 10:38 · 1 min
One United Properties Sells Stake in One Herastrau Office for EUR21M
Capital Market

One United Properties Sells Stake in One Herastrau Office for EUR21M

Real estate developer One United Properties (ONE.RO), has announced an agreement to sell its stake in One Herastrau Office S.A. to a private investor.

Loredana Frățilă-Cristescu · 03.04.2023 · 21:17 · 1 min
Finance Ministry Raises RON600M From Banks On April 3
Banks-Insurance

Finance Ministry Raises RON600M From Banks On April 3

Romania's Finance Ministry raised RON600 million from banks on Monday (April 3) selling bonds maturing in 2032, at an annual average yield of 7.39%.

Ecaterina Craciun · 03.04.2023 · 21:05 · 1 min
SIF Oltenia Wants to Sell 29.27% Stake in Turism Felix for at least RON44.5M
Capital Market

SIF Oltenia Wants to Sell 29.27% Stake in Turism Felix for at least RON44.5M

SIF Oltenia wants to sell the 29.27% stake it holds in Turism Felix Baile Felix (TUFE) company, at a minimum price of RON44.5 million.

Roxana Dumitru Rosu - Mediafax · 28.03.2023 · 10:14 · 1 min
Finance Ministry Raises RON556M from Banks on March 27
Banks-Insurance

Finance Ministry Raises RON556M from Banks on March 27

Romania's Finance Ministry raised RON556 million from banks on Monday (March 27) selling bonds maturing in 2027, at an annual average yield of 7.15%.

Loredana Frățilă-Cristescu · 27.03.2023 · 21:54 · 1 min