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Greek OTE Group Confirms Sale Of Telekom Romania Communications To Orange Romania
Companies

Greek OTE Group Confirms Sale Of Telekom Romania Communications To Orange Romania

Greek OTE Group, held by Germany’s Deutsche Telekom, confirmed Monday morning the sale of its fixed operations in Romania to Orange Romania, leader on the local telecom market, within a tran...

Ecaterina Craciun · 09.11.2020 · 11:32 · 2 min
Metro Resumes Attempt to Sell Real Estate in Romania
Real Estate

Metro Resumes Attempt to Sell Real Estate in Romania

Germany’s Metro is trying again after two years to sell its real estate portfolio in Romania. The group seeks to sell and lease back the space of nine stores in its network, to streamline op...

Loredana Frățilă-Cristescu · 06.11.2020 · 10:41 · 1 min
CEZ Sells Romanian Operations to Macquarie Infrastructure and Real Assets
Companies

CEZ Sells Romanian Operations to Macquarie Infrastructure and Real Assets

Czech energy group CEZ announced Friday it has reached an agreement to sell its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets (MIRA).

Oana Gavrila · 23.10.2020 · 09:48 · 1 min
PayPoint Signs Agreement With Innova Capital To Sell Its Romanian Business For Nearly £47M
Companies

PayPoint Signs Agreement With Innova Capital To Sell Its Romanian Business For Nearly £47M

UK’s PayPoint, operator of cash payments and electronic recharging services, has signed an agreement with Innova Capital to sell its Romanian business, within a transaction estimated at near...

Ecaterina Craciun · 21.10.2020 · 15:40 · 1 min
Sales of Farmland Plots of Over 30 Hectares Pick Up Due to Drought
Real Estate

Sales of Farmland Plots of Over 30 Hectares Pick Up Due to Drought

Sales of large plots of farmland were forced to „thaw up” after a half-year hiatus with the coming of the fall, as Romanian farmers put up their land for sale, due to the drought that caused...

Loredana Frățilă-Cristescu · 08.10.2020 · 10:01 · 2 min
Murfatlar Wineries Up for Sale by Judicial Liquidator
Companies

Murfatlar Wineries Up for Sale by Judicial Liquidator

The assets of bankrupt winemaker Murfatflar are up for sale by judicial liquidator at a starting price of EUR10 million for the winery and EUR3 million for its 370 hectares of vineyards.

Oana Gavrila · 24.09.2020 · 11:20 · 1 min
Patria Bank Seeks To Sell Bonds Worth At Least EUR3M
Banks-Insurance

Patria Bank Seeks To Sell Bonds Worth At Least EUR3M

Lender Patria Bank (PBK.RO) said in a stock market report Wednesday that it plans to sell subordinated bonds, with a minimum value of EUR3 million and a maximum value of EUR5 million.

Ecaterina Craciun · 23.09.2020 · 19:51 · 1 min
TeraPlast Gets Shareholders' Approval to Sell Steel Division
Companies

TeraPlast Gets Shareholders' Approval to Sell Steel Division

Shareholders of TeraPlast Bistrita (TRP.RO) on Monday agreed to sell the company's stakes in group divisions TeraSteel and Wetterbest to Kingspan.

Oana Gavrila · 31.08.2020 · 17:19 · 1 min
Banca Transilvania CEO Sells 1 Million Bank Shares On Stock Market
Banks-Insurance

Banca Transilvania CEO Sells 1 Million Bank Shares On Stock Market

Omer Tetik, Chief Executive Officer of lender Banca Transilvania (TLV.RO), has sold one million TLV shares at a price of RON2.25 per share, for which it cashed an amount of RON2.25 million.

Ecaterina Craciun · 28.08.2020 · 19:30 · 1 min