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TotalSoft COO: Change Of Majority Shareholder By June
Local enterprise software solutions provider TotalSoft, one of the leading actors of the local IT market, will change majority shareholder by midyear.
Rewe In Talks To Sell XXL Mega Discount Stores In Romania
German retail group Rewe is in talks to sell its eight XXL Mega Discount stores in Romania, market sources told ZF.
Competition Council Clears Sale Of Hamé To Orkla Group
Romania’s Competition Council has approved the transaction by which Norwegian group Orkla will buy Czech-based company Hamé, Orkla announced Thursday.
Ameropa Buys 10,000-Ton Silo In Teleorman From Local Entrepreneur
Romanian-held Ser Transnav of entrepreneur Marian Trifan sold a silo in Teleorman County (southern Romania) to grain trader Ameropa at the end of last year, in a deal ZF estimated at EUR1.5...
Chimcomplex Shareholders Approve Company’s Participation In Oltchim Acquisition
Shareholders of Romanian chemical company Chimcomplex Borzesti (CHOB.RO) approved, in their general assembly of March 14, a decision allowing the company to participate in the acquisition of...
Franklin Templeton Keeps Selling OMV Petrom Shares
Investment fund Franklin Templeton Frontier Markets on Monday announced that it had sold 654,892 shares of oil and gas company OMV Petrom (SNP.RO) within trading sessions on March 8, 10 and...
Romania Raises EUR1.25B Selling 10 And 20-Year Eurobonds
Romania tapped international markets Thursday, reopening 2025 and 2035 Eurobonds initially launched in October 2015, borrowing EUR0.75 billion at a yield of 2.55% and EUR0.5 billion at 3.9%,...
BCR Prepares To Sell New Set Of NPLs
BCR, the largest local bank, is negotiating the sale of yet another set of non-performing loans after having closed the biggest such deal at the end of last year, when it sold a NPLs with a...
CTP Invest In Talks To Buy Bankrupt Swan Office Complex
Czech Republic’s CTP Invest, one of the most active companies on the Romanian property market, is eyeing the Swan Office & Technology Park in Pipera-Tunari north of Bucharest.