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Day Tower Office Building Up for Sale for EUR35M
Real Estate

Day Tower Office Building Up for Sale for EUR35M

Greek-held Day Group has put up for sale the Day Tower office building on Bulevardul Unirii in Bucharest for EUR35 million.

Loredana Frățilă-Cristescu · 18.07.2019 · 00:00 · 1 min
Hosiery Maker Adesgo Seeks To Sell Plant Site for EUR13M
Real Estate

Hosiery Maker Adesgo Seeks To Sell Plant Site for EUR13M

Hosiery manufacturer Adesgo SA has put up for sale its building and land on Calea Serban Voda Bucharest almost 17 years after being acquired by Israel’s Argaman Industries.

Loredana Frățilă-Cristescu · 15.07.2019 · 00:00 · 1 min
Patria Bank Set To Sell EUR5M Bonds At 6.5% Interest Rate/Year
Banks-Insurance

Patria Bank Set To Sell EUR5M Bonds At 6.5% Interest Rate/Year

Patria Bank (PBK.RO), majority held by investment fund Emerging Europe Accession Fund (EEAF), summoned its shareholders for a meeting on August 13, 2019 to vote on the issue of bonds worth E...

Ecaterina Craciun · 11.07.2019 · 18:46 · 1 min
CEZ Shareholders Approve Sale Of Romanian Operations
Energy

CEZ Shareholders Approve Sale Of Romanian Operations

Czech-held utility group CEZ has received the shareholders’ agreement for the new business strategy which targets, among others, the sale of foreign assets, including the assets in Romania,...

Ecaterina Craciun · 05.07.2019 · 18:13 · 1 min
SIF Moldova GM Liviu Doros Sells RON879,000 Worth Of Fund’s Shares
Capital Market

SIF Moldova GM Liviu Doros Sells RON879,000 Worth Of Fund’s Shares

Liviu Doros, general manager of regional investment fund SIF Moldova (SIF2.RO), sold a package of 474,920 shares of the fund, on July 1, 2019, at a price of RON1.85 per share, resulting in a...

Ecaterina Craciun · 02.07.2019 · 20:12 · 1 min
Greece’s OTE Hires Investment Bank Barclays to Find Buyer for Telekom Romania Group
Technology &Telecoms

Greece’s OTE Hires Investment Bank Barclays to Find Buyer for Telekom Romania Group

Greek-held OTE, the majority shareholder of Telekom Romania, has hired investment bank Barclays to start looking for a buyer for the local telecommunications group, telecom industry sources...

Loredana Frățilă-Cristescu · 21.06.2019 · 09:24 · 1 min
Private Equity Firm White Star and US University About to Buy Liberty Office Complex in Cluj
Real Estate

Private Equity Firm White Star and US University About to Buy Liberty Office Complex in Cluj

Fribourg Development, the real estate division of private equity firm Fribourg Capital, held by Ion Sturza, former prime minister of the Republic of Moldova, is about to sign the contract to...

Loredana Frățilă-Cristescu · 14.06.2019 · 09:15 · 1 min
Investment Bank Alantra Looks for Buyer for Construction Materials Manufacturer AdePlast
Companies

Investment Bank Alantra Looks for Buyer for Construction Materials Manufacturer AdePlast

Construction materials manufacturer AdePlast is being courted by investors interested to buy. Investment bank Alantra, which has operations in Europe, US, Asia and Latin America, is in charg...

Loredana Frățilă-Cristescu · 05.06.2019 · 09:00 · 1 min
Israel’s Hagag Looking to Buy Bucharest Financial Plaza Building
Real Estate

Israel’s Hagag Looking to Buy Bucharest Financial Plaza Building

Israel’s Hagag group is looking to buy the Bucharest Financial Plaza from Banca Comerciala Romana, a landmark building on Calea Victoriei in Bucharest, built by the now defunct Bancorex in t...

Loredana Frățilă-Cristescu · 04.06.2019 · 00:00 · 1 min