SALE
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CFO Sells RON202,500 Worth of Banca Transilvania Shares
Banca Transilvania (TLV.RO), the largest lender in Romania, on Wednesday notified the Bucharest Stock Exchange that its chief financial officer George-Razvan Calinescu sold 75,000 shares at...
Daniel Guzu Strikes Deal with Saint-Gobain for Sale of Adhesive Maker Duraziv
France’s Saint-Gobain has reached an agreement to buy the Grupul Duraziv (Duraziv Group) in Romania, which makes adhesives, mortars and paints among others, from founder Daniel Guzu.
OMV Petrom Closes Sale of Assets in Kazakhstan to Focus on Black Sea Region
OMV Petrom, the largest energy company in Southeastern Europe, said Monday its has closed the sale of its production assets in Kazakhstan to focus its regional expansion towards the Black Se...
CEZ Got EUR964M From Sale of Romanian Operations
Czech Republic’ CEZ group got CZK24.6 billion (EUR964 million) from the sale of its operations Romania to Australia’s Macquarie in the largest deal in Romania’s energy sector in the last few...
Continental Buys Kromberg & Schubert Automotive Wiring Plant in Timisoara
Germany’s automotive wiring and electronic systems manufacturer Kromberg & Schubert has sold its plant in Timisoara to the Continental Group, local automotive industry sources say.
Digi Sells Hungarian Operations After 23 Years
Fixed and mobile communications group Digi (DIGI.RO) held by Oradea businessman Zoltan Teszari, on Monday night announced its most painful business decision ever: the exit from its second mo...
German Group Rehau Seeks to Sell Production Units in Cluj, Bucharest
German group Rehau is looking to sell two production units in Cluj (Apahida) and Bucharest (Tunari), as part of the relocation process of Rehau Romania offices in central locations and the c...
TeraPlast Cashed RON373M From Sale Of Steel Division To Kingspan; Seeks To Pay Special Dividend
TeraPlast Group has announced the closing of the transaction for the sale of the steel products division to Kingspan Group. On February 26, the shares of TeraPlast in TeraSteel Romania and S...
Saint-Gobain and CRH in Talks for Acquisition of Construction Material Manufacturer Duraziv
French-held Saint-Gobain and Ireland’s CRH are among those in talks with Romanian entrepreneur Daniel Guzu over the acquisition of construction material manufacturer Duraziv, ZF has found.