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BRD’s NPL Set Up For Sale Met With Lots Of Interest
Banks-Insurance

BRD’s NPL Set Up For Sale Met With Lots Of Interest

The first set of non-performing loans that BRD, the second largest lender in Romania, auctioned met with a lot of interest, all debt collectors active in this country submitting a bid, marke...

Loredana Frățilă-Cristescu · 17.01.2017 · 11:00 · 1 min
Imobiliare.ro: Apartment Prices In Romania Up 8% On Year In November 2016
Real Estate

Imobiliare.ro: Apartment Prices In Romania Up 8% On Year In November 2016

Prices of apartments put up for sale across Romania, in November, are 8.3% higher compared with the same period in 2015, namely, EUR964 per useful square meter, Imobiliare.ro said in a state...

Ecaterina Craciun · 07.12.2016 · 13:28 · 2 min
Africa Israel Investments To Sell All Five AFI Park Buildings For Over EUR164M
Real Estate

Africa Israel Investments To Sell All Five AFI Park Buildings For Over EUR164M

Africa Israel Investments of Israeli billionaire Lev Leviev has signed a non-binding letter of intent with a third party to sell the entire AFI Park office complex in Bucharest, according to...

Loredana Frățilă-Cristescu · 02.12.2016 · 09:00 · 1 min
Lukoil Romania To Sell Vignettes
Energy

Lukoil Romania To Sell Vignettes

Lukoil Romania was authorized to sell vignettes, National Company for Road Infrastructure Administration (CNAIR) said in a statement Monday.

Gabriela Stan · 28.11.2016 · 14:16 · 1 min
Banca Romaneasca Up For Sale Again
Banks-Insurance

Banca Romaneasca Up For Sale Again

National Bank of Greece (NBG) has taken the courage to put Banca Romaneasca up for sale again, hiring Credit Suisse London to find a buyer, banking sources say.

Loredana Frățilă-Cristescu · 17.11.2016 · 09:00 · 1 min
Aberdeen Asset Management In Talks To Sell Construdava Office Building
Real Estate

Aberdeen Asset Management In Talks To Sell Construdava Office Building

Construdava office building of Scotland-based investment manager Aberdeen Asset Management is about to be bought by residential developer Adamerica, as the talks between the two parties have...

Loredana Frățilă-Cristescu · 15.11.2016 · 00:00 · 1 min
Health

Top Five OTC Drugs In Romania See EUR74M Sales

The best-selling over the counter (OTC) drugs in Romania are Nurofen of Reckitt Benckiser, followed by Aspenter (Terapia Cluj), Parasinus (GlaxoSmithKline) and No-Spa (Sanofi), according to...

Loredana Frățilă-Cristescu · 25.10.2016 · 10:00 · 1 min
Three To Four Deals For EUR1B Worth NPLs In The Works
Banks-Insurance

Three To Four Deals For EUR1B Worth NPLs In The Works

As the end of the year is near, the local banks are rushing to clean up their balance sheets, which shows on the non-performing loan deal market, where three or four deals to sell about EUR1...

Loredana Frățilă-Cristescu · 25.10.2016 · 10:00 · 2 min
Germany’s Dairy Group Mueller In Talks To Buy Covalact
Companies

Germany’s Dairy Group Mueller In Talks To Buy Covalact

The name of German-held dairy producer Mueller, whose products are available in Romania via imports and a partnership with a local yellow cheese maker, is on the list of suitors for dairy gr...

Loredana Frățilă-Cristescu · 24.10.2016 · 10:00 · 1 min