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Euro Insol Sells Logistical Park Near Bucharest For EUR14M
Real Estate

Euro Insol Sells Logistical Park Near Bucharest For EUR14M

Euro Insol, the judicial liquidator of bankrupt developer MLP Bucharest Sud, has sold the logistical park MLP Bucharest Sud, in Popesti-Leordeni, near Bucharest, to AGI-RRE Hera, for RON62.5...

Oana Gavrila · 05.09.2014 · 11:58 · 1 min
Romanian Companies Interested In Enel’s Units - Energy Minister
Energy

Romanian Companies Interested In Enel’s Units - Energy Minister

Romanian energy minister Razvan Nicolescu told Enel representatives in a meeting Thursday that several Romanian companies are interested in buying some of the Italian group’s operations in t...

Bogdan Neagu · 28.08.2014 · 15:47 · 1 min
Termoelectrica Received No Bids For Borzesti Power Plant, Assessed At EUR22M
Energy

Termoelectrica Received No Bids For Borzesti Power Plant, Assessed At EUR22M

Musat & Asociatii-Restructuring & Isolvency, the liquidator of state-owned energy company Termoelectrica, has not received any bids for the Borzesti thermal power plant it planned to sell at...

Oana Gavrila · 27.08.2014 · 18:07 · 1 min
China’s State Grid Corporation Interested In Enel’s Romanian Assets
Energy

China’s State Grid Corporation Interested In Enel’s Romanian Assets

China’s State Grid Corporation, the world’s largest electricity distribution company, is interested in buying the electricity business Italy’s Enel has for sale in Romania.

Loredana Frățilă-Cristescu · 20.08.2014 · 00:00 · 1 min
Skanska In Talks Over Green Court Sale
Real Estate

Skanska In Talks Over Green Court Sale

Swedish-held Skanska group, the developer of the Green Court office building complex in Barbu Vacarescu area in northern Bucharest, has started talks with investors for a potential sale of t...

Loredana Frățilă-Cristescu · 14.08.2014 · 00:00 · 1 min
Oltchim To Auction Off Its Assets Again In December
Energy

Oltchim To Auction Off Its Assets Again In December

The administrators of Romanian insolvent chemical company Oltchim SA (OLT.RO) plan to resume the auction for the sale of the company’s assets.

Ecaterina Craciun · 12.08.2014 · 16:54 · 1 min
Pharmaceutical Drug Sales Up In Q2
Health

Pharmaceutical Drug Sales Up In Q2

Sales of pharmaceutical drugs returned to growth in the second quarter of the year, reaching 3 billion lei (almost EUR680 million), according to market research company Cegedim Romania.

Loredana Frățilă-Cristescu · 11.08.2014 · 00:00 · 2 min
Revetas Capital Buys Vitantis Shopping Center In Bucharest For More Than EUR20M
Real Estate

Revetas Capital Buys Vitantis Shopping Center In Bucharest For More Than EUR20M

Equest Balkan Properties (EBP) has sold its Vitantis Shopping Center in Bucharest to Revetas Capital, which specializes in the takeover of projects in financial difficulty, in a deal that en...

Oana Gavrila · 08.08.2014 · 13:41 · 2 min
Volksbank Sells EUR460M Worth Of NPLs, 28% Of Which Generated By Romania
Banks-Insurance

Volksbank Sells EUR460M Worth Of NPLs, 28% Of Which Generated By Romania

Austria's Volksbank group has put up for sale a portfolio of commercial real estate assets and non-performing corporate loans with a nominal value of EUR460 million, more than one quarter of...

Loredana Frățilă-Cristescu · 07.08.2014 · 10:00 · 1 min