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Immofinanz Sold EUR15M Worth Of Properties In Romania From Start Of 2018 To Date
Companies

Immofinanz Sold EUR15M Worth Of Properties In Romania From Start Of 2018 To Date

Austrian-held real estate developer Immofinanz, whose Romanian portfolio is worth over EUR800 million, has sold some of the properties it owns on the local market, and the assets sold from t...

Ecaterina Craciun · 30.08.2018 · 19:00 · 1 min
ADM Capital, Wienerberger Cancel Sale Of Brick Manufacturer Brikston
Companies

ADM Capital, Wienerberger Cancel Sale Of Brick Manufacturer Brikston

ADM Capital and Wienerberger said in a statement on Monday that after „carrying on a correspondence with Romania’s Competition Council”, they decided to cancel the sale of brick and ceramic...

Ecaterina Craciun · 09.07.2018 · 18:09 · 1 min
BT Board Chairman Sells Office Building Maestro Business Center In Cluj To UK's First Property
Companies

BT Board Chairman Sells Office Building Maestro Business Center In Cluj To UK's First Property

British investment fund First Property, which owns in Romania an office building in capital city Bucharest and two logistics centers in the countryside, has bought office building Maestro Bu...

Ecaterina Craciun · 29.06.2018 · 11:56 · 1 min
SIF Oltenia Sells Entire Stake Held In Banca Comerciala Romana For EUR140M
Banks-Insurance

SIF Oltenia Sells Entire Stake Held In Banca Comerciala Romana For EUR140M

Regional investment fund SIF Oltenia (SIF5.RO) on Monday said it is selling its 6.3% stake in Romanian lender Banca Comerciala Romana (BCR), majority held by Austria’s Erste Group. The overa...

Ecaterina Craciun · 25.06.2018 · 10:10 · 1 min
US-Held Idera Buys Local Startup Froala
Technology &Telecoms

US-Held Idera Buys Local Startup Froala

Froala Labs, a startup established by programmers Stefan and Diana Neculai in 2014, which built a product that has become international market leader with more than 6,000 customers in over 1...

Loredana Frățilă-Cristescu · 20.06.2018 · 10:01 · 3 min
Companies

Oltchim Completes Ramplast Sale To Dynamic Selling In EUR2.6M Deal

Romanian state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) on Friday said it completed the sale of building materials division Ramplast to Dynamic Selling Group within a transaction...

Ecaterina Craciun · 15.06.2018 · 13:47 · 1 min
Portland Trust And Ares Management Sell Oregon Park Office Compound To Lion’s Head Investments
Companies

Portland Trust And Ares Management Sell Oregon Park Office Compound To Lion’s Head Investments

Lion’s Head Investments, a company resulted from a joint-venture association between Old Mutual Property and AG Capital, carried out the first transaction on the Romanian market, through the...

Ecaterina Craciun · 15.05.2018 · 15:19 · 1 min
Banca Transilvania Group Sells Operating Leasing Division to Autonom
Companies

Banca Transilvania Group Sells Operating Leasing Division to Autonom

Banca Transilvania Financial Group has reached a deal to sell 100% of its operating leasing division BT Operational Leasing to rent-a-car company Autonom.

Oana Gavrila · 07.05.2018 · 12:03 · 1 min
Atrium European Real Estate Sells Militari Shopping Center for EUR95M, Exits Romania
Retail&Consumer

Atrium European Real Estate Sells Militari Shopping Center for EUR95M, Exits Romania

Atrium European Real Estate Limited announced Friday it has entered a deal to sell Atrium Militari Shopping Center in Bucharest to MAS Real Estate for EUR95 million and is thus exiting the R...

Oana Gavrila · 27.04.2018 · 13:40 · 1 min