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CITR Puts Tutunul Romanesc Site up for Sale
Real Estate

CITR Puts Tutunul Romanesc Site up for Sale

Insolvency firm Casa de Insolventa Transilvania (CITR) has put up for sale the Tutunul Romanesc (Romanian Tobacco) site, as part of the reorganization of its owner Interagro, held by busines...

Loredana Frățilă-Cristescu · 21.11.2019 · 10:20 · 1 min
Octavian Radu and Vicentiu Zorzolan Sell Majority Stake in NextDocs for EUR3.5M
Companies

Octavian Radu and Vicentiu Zorzolan Sell Majority Stake in NextDocs for EUR3.5M

Greek-held Informlykos, with a history of more than 100 years and about 20 years of presence in Romania, has acquired 65% in document archival and disposal company NextDocs.

Loredana Frățilă-Cristescu · 18.11.2019 · 07:00 · 1 min
Lorimer Ventures Plans To Sell Its Stake In Purcari Wineries In Accelerated Book Building
Companies

Lorimer Ventures Plans To Sell Its Stake In Purcari Wineries In Accelerated Book Building

Cyprus-based Lorimer Ventures Limited, which owns a 22.6% stake in winemaker Purcari Wineries said it plans to sell its stake through an accelerated book building (ABB) process which does no...

Ecaterina Craciun · 02.10.2019 · 11:44 · 1 min
Difficult Exit for Deutsche Telekom From Romania As Orange and Digi Only Want Parts of Its Local Business
Technology &Telecoms

Difficult Exit for Deutsche Telekom From Romania As Orange and Digi Only Want Parts of Its Local Business

Germany’s Deutsche Telekom, one of the largest global actors on the telecom industry, is facing a longer drawn-out exit process in Romania than it would have liked, because the main entities...

Loredana Frățilă-Cristescu · 19.09.2019 · 10:17 · 2 min
Doina Cepalis Seeks Private Equity Firm to Sell Minority Stake in Te-Rox Prod
Companies

Doina Cepalis Seeks Private Equity Firm to Sell Minority Stake in Te-Rox Prod

Doina Cepalis, the owner of the Te-Rox group, is looking for a financial investor to buy into her business. The entrepreneur wants to sell a minority stake to a private equity firm and conti...

Loredana Frățilă-Cristescu · 10.09.2019 · 09:00 · 1 min
EUR1B Worth of Office Buildings Up for Sale in Romania
Real Estate

EUR1B Worth of Office Buildings Up for Sale in Romania

At least seven office space projects are for sale in Romania and the value of the deals - if all of them are signed this year, could exceed one billion euros. The most expensive project for...

Loredana Frățilă-Cristescu · 26.08.2019 · 09:00 · 1 min
Impact Developer & Contractor 1H Revenues From Sale Of Realty Properties Soar 90% To RON79.5M
Companies

Impact Developer & Contractor 1H Revenues From Sale Of Realty Properties Soar 90% To RON79.5M

Real estate developer Impact Developer & Contractor (IMP.RO) ended the first half of 2019 with revenues of RON79.5 million from the sale of real estate properties, up 90% from the same perio...

Ecaterina Craciun · 13.08.2019 · 17:32 · 1 min
Real Estate Developer One United Valued at EUR270M After Sale of 8% for EUR22.7M
Real Estate

Real Estate Developer One United Valued at EUR270M After Sale of 8% for EUR22.7M

Real estate developer One United Properties, one of the largest in Bucharest, has sold an 8% stake to a group of Romanian individual investors for EUR22.7 milion. This values the group held...

Loredana Frățilă-Cristescu · 29.07.2019 · 06:00 · 1 min
Charles De Gaulle Plaza Office Building in Bucharest Up For Sale
Real Estate

Charles De Gaulle Plaza Office Building in Bucharest Up For Sale

Charles de Gaulle Plaza office building in Piata Aviatorilor in Bucharest, held by Germany’s GLL Real Estate, is up for sale, real estate market sources say. GLL Real Estate is part of Austr...

Loredana Frățilă-Cristescu · 26.07.2019 · 00:00 · 1 min