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McDonald’s Sells Romanian Operations To Russian Entrepreneur
U.S. giant McDonald’s, a symbol of American capitalism, has sold its Romanian business to a Russian entrepreneur who will thus take over the master franchise of the almost 70 restaurants wit...
GTC Sells Galleria Buzau Shopping Mall To Eurosting
Real estate developer GTC has sold the Galleria shopping center in Buzau, the first it built in Romania, to the Eurosting group, which plans to rebrand and reposition it on the market.
Top Ten Hotels In Romania Up For Sale For A Total EUR120M, Study Shows
A hotel complex in seaside report Neptun-Olimp, a hotel in Arad (western Romania) and one in capital Bucharest are the most expensive tourist units put up for sale in Romania, according to r...
U.S. Heitman Sells Mercury Logistics Park Project To Czech CTP
U.S. real estate investment management firm Heitman has recently sold the Mercury Logistics Park project to what sources on the real estate market say would be Czech company CTP.
Value4Capital Might Exit MedLife Shareholding Structure In July-August
The transaction whereby private equity firm Value4Capital (V4C) will exit the shareholding structure of private medical services provider MedLife might be completed in July or August 2015, M...
New Car Registrations Up 13% In February
New car registrations rose by 13% to more than 4,100 units in February on the year-ago month, offsetting the slight decline of January, according to the Driving License and Vehicle Registrat...
Debt Recovery Specialist APS Expects EUR7m For Bankrupt Armonia Braila Mall
Czech Republic-based debt recovery specialist APS that bought a large chunk of the non-performing loan portfolio of Austria’s Volksbank’s subsidiary in Romania last summer has also become a...
Real Estate Tycoon Puiu Popoviciu Sold His Stake in Orange Romania For Over EUR10M
French telecommunications group Orange last year bought another 0.92% in the subsidiary in Romania from a minority owner, a deal that took its stake from 96.82% to 97.74%, according to its 2...
SIF Moldova And Private Equity Grup Luxembourg Sell 17% Stake In Agricola International
SIF Moldova and Private Equity Grup Luxembourg want to sell their stakes in Agricola International, which totral over 17%, and other shareholders have preemption right and could make an offe...