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Hidroelectrica Seeks To Sell 33 Micro Power Plants In February For EUR19M
Romania's state owned hydropower producer Hidroelectrica, undergoing insolvency, will hold an auction in February to sell 33 of its remaining 128 micro power plants, at a starting price of R...
31 Out Of 42 Car Brands Sold In Romania Saw Growth In Registrations In 2014
Three out of four car brands sold in Romania saw growth of new car registrations in 2014, the first year of growth of the local auto market after six years of decline.
Most Powerful Romanian Retail Entrepreneur In Talks To Sell Tens Of Succes Stores
Mega Image and Profi retail chains are in talks to buy some of the stores of Succes, the retail chain of Gorj (southern Romania) businessman Nicolae Sarcina, market sources say.
Weatherford Might Sell One Of Its Companies In Romania
U.S. Weatherford group, an oil and gas industry equipment and service business, might sell one of its companies in Romania, Foserco Targu Ocna, which specializes in onshore drilling.
Axa Sells Life Insurance And Savings Operations To SAI Certinvest And SIF Transilvania
French insurance group Axa has sold its Romanian life insurance and savings operations to SAI Certinvest and SIF Transilvania, exiting the Romanian market.
Ursus Breweries Sales Down 4% In H1
Ursus Breweries, the largest local brewer, posted 708 million lei (EUR158 million) sales in the first half of this year, 4% lower than in the year-earlier period, according to publicly avail...
Deutsche Bank Clears Another EUR440M Of BCR’s NPLs
Deutsche Bank has bought from BCR a new set of non-performing loans with a face value of EUR443 million for which it paid about EUR28 million, market sources said. BCR did not comment on the...
Sales Of Electric Cars May Reach 100 Units In 2015
Electric car sales are expected to surge from several units to several dozen or even 100 in Romania in 2015, as Volkswagen enters the segment.
Real Estate Developer Plaza Centers Sells Land In Hunedoara For EUR1.2M
Israeli Plaza Centers, developer of the Casa Radio project in Bucharest, sold a land in Hunedoara for EUR1.2 million, on which it was planning to develop a shopping mall.