SALE
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Czech Utility CEZ Says No Pressure For Quick Sale Of Its Romanian Operations
Czech-held utility group CEZ told Ziarul Financiar, with respect to its plan to sell the operations in Romania, that the changes in business strategy, which imply selling the assets in Roman...
SIF Moldova Sells All Its Shares In Biofarm To SIF Banat-Crisana
Regional investment fund SIF Moldova (SIF2.RO) sold its 11.7% stake in Romanian pharmaceutical producer Biofarm Bucuresti (BIO.RO) to regional investment fund SIF Banat-Crisana (SIF1.RO), at...
French Clothing Manufacturer Lacoste Sells Factory In Sibiu To Chinese Firm Sunrise Knits
French clothing manufacturer Lacoste is selling its factory in Cisnadie (Sibiu County), which has some 400 employees, to Chinese company Sunrise Knits, part of Youngor Group.
BCR Puts Heritage Building in Piata Universitatii, Bucharest, Up for Sale
Banca Comerciala Romana has put for up sale the palace in Piata Universitatii in Bucharest that once housed Generala insurance company and has been associated with the bank’s name for decade...
Romanian Stefan Szakal Sells His IT Firm [e-spres-oh] To U.S. Alpine Consolidated
Stefan Szakal, one of the most active entrepreneurs in Romania on the segment of startup companies, has recently sold his IT firm, called [e-spres-oh] and established in 2012 in Timisoara, t...
UK’s Bupa, Strategic Investors and Private Equity Firms Interested in Regina Maria
Two strategic investors – UK’s Bupa and Norway’s Capio, as well as several private equity firms are among those interested to buy private healthcare network Regina Maria, the second largest...
Private Healthcare Network Regina Maria Up For Sale
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal should be completed this year, financial market sources sa...
Insolvent Lactag Readies Sale Of Its Cold Cuts Factory Near Craiova, To Focus On Dairy Production
Lactag, one of the largest Romanian businesses in the sector of dairy and cold cuts manufacturing, reported a turnover of RON58 million in 2018, up 36% year-on-year, backed by the milk proce...
Fitness Center Chain WorldClass up for Sale
Polish private equity firm Resource Partners is in talks to sell the fitness center chain WorldClass in a deal that could reach as high as EUR100 million, market sources told ZF. The list of...