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Health

Retail Pharmacy Sales Doubled Since 2008

Romanians spend more than 15 billion lei (EUR3.3 billion) in pharmacies in Romania every year, almost double as much as they did in 2008, when the local economy peaked, ZF has calculated bas...

Loredana Frățilă-Cristescu · 26.01.2016 · 08:47 · 1 min
McDonald’s Sells Romanian Operations
Companies

McDonald’s Sells Romanian Operations

McDonald’s Romania, the largest player on the restaurant market, has changed owners this weekend when the US McDonald’s group sold the Romanian operations to a Malta-based franchisee, ZF has...

Loredana Frățilă-Cristescu · 25.01.2016 · 00:00 · 2 min
Only 22% Of Romanian Farms’ Milk Production Reaches Dairy Plants
Companies

Only 22% Of Romanian Farms’ Milk Production Reaches Dairy Plants

Only 22% of the milk produced by Romanian farmers reaches local plants for processing, a Eurostat survey reveals. Romania therefore has the widest gap between farms and plants in Europe, con...

Loredana Frățilă-Cristescu · 13.01.2016 · 09:35 · 3 min
BCR Sells EUR1.2B Corporate NPL
Banks-Insurance

BCR Sells EUR1.2B Corporate NPL

BCR, the largest local bank, has sold a set of non-performing corporate loans with a face value of EUR1.2 billion to a consortium comprised of Deutsche Bank, IFC and APS. This is the largest...

Loredana Frățilă-Cristescu · 24.12.2015 · 08:35 · 2 min
Hotel Club Estival Puts Up For Sale Constructions, Land Plots In Olimp Resort For Minimum EUR6M
Real Estate

Hotel Club Estival Puts Up For Sale Constructions, Land Plots In Olimp Resort For Minimum EUR6M

Shareholders of Hotel Club Estival (CLUB) will decide in January on the sale of several constructions and land plots in Olimp seaside resort, for minimum EUR6 million (approximately RON26.5...

Gabriela Stan · 23.12.2015 · 11:28 · 1 min
Kredyt Inkaso Buys EUR340M NPL From UniCredit
Banks-Insurance

Kredyt Inkaso Buys EUR340M NPL From UniCredit

Polish-held Kredyt Inkaso bought a EUR340 million set of non-performing loans from UniCredit Romania for which it is to pay EUR28 million. This is the largest deal involving NPL this year.

Loredana Frățilă-Cristescu · 21.12.2015 · 10:46 · 1 min
Real Estate

Nestle Puts Warehouses And Land Up For Sale

Swiss-held Nestle is putting up for sale plots of land in seven counties in Romania totaling almost 10,000 square meters, according to ZF’s calculations based on the Official Gazette data.

Loredana Frățilă-Cristescu · 09.12.2015 · 09:10 · 1 min
Sales Of Smartwatches Up 35% A Year In Romania
Technology &Telecoms

Sales Of Smartwatches Up 35% A Year In Romania

Sales of smartwatches – devices that serve as an extension of the smartphone enabling wearers to read notifications, take calls and view info on the weather or check out the time, are seeing...

Loredana Frățilă-Cristescu · 30.11.2015 · 11:15 · 1 min
Belgian Group Atenor In Talks To Sell Hermes Business Center
Real Estate

Belgian Group Atenor In Talks To Sell Hermes Business Center

Belgium-held group Atenor Atenor is negotiating the sale of Bucharest-based office compound Hermes Business Center, which consists of three office buildings covering 73,180 square meters, of...

Gabriela Stan · 20.11.2015 · 17:49 · 1 min