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OTP In Pole Position To Buy Banca Romaneasca
Hungary’s leading banking group OTP is in pole-position in the tender to buy Banca Romaneasca, ahead of Banca Transilvania, banking industry sources said.
Paval Brothers Sign Agreement To Buy AFI Park Office Buildings
Brothers Dragos and Adrian Paval, who own the DIY retail chain Dedeman, signed the agreement with Africa Israel to buy AFI Park 1-5 office buildings near the AFI Palace Cotroceni mall for al...
Sun Plaza Developer: If We Got A Good Price, We Might Sell The Mall
A potential sale of Sun Plaza mall in Bucharest is not out of the question, says Friedrich Wachernig, member of the board of Austrian-held developer S Immo, the owner of the shopping center.
Eight Investors Interested In Buying Bancpost
Bancpost, the ninth largest bank in Romania by assets, has attracted the interest of eight Romanian and foreign strategic and institutional investors after being put up for sale, banking sou...
GED Trying To Sell All Stakes In Romanian Companies
Spanish-held private equity firm GED Capital is looking to sell its stakes in Romanian companies by yearend and has already hired investment bankers and law firms to handle the sale of stake...
Axxess Capital Wants To Put BitDefender Stake Up For Sale
Private equity fund Axxess Capital is preparing to put up for sale a stake in Romanian cyber security solutions provider BitDefender, which is now getting significant exposure worldwide and...
All Five Bankrupt PIC Hypermarkets Finally Sold
All five hypermarkets of bankrupt Romanian-held retailer PIC have found a buyer. France’s Saint Gobain bought the hypermarket in Calarasi, a distribution and transport company bought the sto...
Cargill Sells Silos To Romanian Entrepreneur
Cargill Cereale, one of the companies US-held Cargill has in Romania, has sold its storage facilities in Teleorman County (southern Romania) to Romanian-owned Esperandza, ZF has found.
Banks In Romania Sold NPLs At 9% And 12% Of Nominal Value In 2016
Local banks sold non-performing corporate loans at an average price of 9% of the nominal value of the loan, while the average price of retail loans was 12%, first deputy governor of Romania’...