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Oltchim’s Acquisition By Chimcomplex Due For Completion On December 12
State-run chemical plant Oltchim on Tuesday notified chemical producer Chimcomplex Borzesti, which had bought a large part of Oltchim’s assets, that the completion date of the transaction, w...
Owner Of Aro Palace Hotel Sells Company’s Administrative HQ For EUR1.2M
Aro-Palace Brasov, the company that owns one of the largest five-star hotels outside capital Bucharest, in October sold the administrative headquarters for EUR1.2 million, and a retail space...
Tiriac Group Seeks to Sell Leasing Division
Romanian businessman Ion Tiriac is looking to sell Tiriac Group's leasing division, Tiriac Leasing, on a market where interest for such businesses is quite high.
SIF Oltenia Gets EUR140M From Erste For Sale Of 6.2% Stake In BCR
The sale-purchase operation of the 1.02 billion shares (a 6.29% stake) held by regional investment fund SIF Oltenia in Banca Comerciala Romana (BCR) has been finalized on October 9 by signin...
Patria Bank Sells NPL Loan Portfolio Of RON245M To Polish Debt Collection Firm Kruk
Patria Bank will sell to Kruk Group a portfolio of bad debts consisting of some 9800 non-guaranteed consumer loans granted to natural persons, with a nominal value of approximately RON245 mi...
Braiconf Sells Its 8.7% Stake In Romcarbon For Nearly RON3M
Romanian apparel maker Braiconf Braila (BRCR.RO) sold its 8.7% stake, which translates into 23 million shares, held in plastic profiles producer Romcarbon Buzau (ROCE.RO), within a transacti...
Canada’s Fiera Capital Sells 4.2% Stake In MedLife
Canadian investment management firm Fiera Capital, previously known as Charlemagne Capital Ltd, has sold a 4.25% stake in MedLife, leader of the private healthcare services market in Romania...
Businessman Ovidiu Buluc Looks At Wine Industry After Farmexim Sale
Entrepreneur Ovidiu Buluc known for having built and sold one of the most powerful pharmaceutical businesses in Romania, the Farmexim group, is considering investment in the wine industry, Z...
Banca Romaneasca Up For Sale Again
Banca Romaneasca, held by Greek group National Bank of Greece, has been put up for sale officially again, after a failed attempt in the spring when Romania’s central bank vetoed the acquisit...