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Private Label Products Up To 20% Of Food Market In Q1
Private labels have conquered 10% of the overall fast moving consumer goods market and almost 20% of the food market, so one in five lei Romanian consumers spent on food in the first quarter...
Hidroelectrica Plans To Sell Another 27 Micro Power Plants In September
Romanian insolvent hydropower generator Hidroelectrica on Thursday said it plans to sell 27 micro power plants in September, in an open outcry auction.
The Most Expensive Foreclosed Assets Up For Sale
The five most expensive properties put up for sale by BCR, BRD, Banca Transilvania and Raiffeisen Bank on their websites have starting prices of almost EUR50 million.
Biggest Share Sale In Bucharest Stock Exchange History
Bucharest Stock Exchange is flooded by the biggest share offering in its history, worth 3 billion lei (EUR700 million), in the energy system’s crown jewels Romgaz (SNG.RO) and Electrica (EL....
Porumboiu In Talks To Sell Vegetable Oil Producer Ulerom
Adrian Porumboiu, the owner of Racova, one of the largest farming groups of Romania, is in advanced talks to sell his vegetable oil plant in Vaslui County (NE Romania).
RCS&RDS In Talks With Lama Group Over Sale Of Czech Operations
The RCS&RDS group is in talks with Lama Group, an energy and communications business of Czech businessman Petr Lamich, to sell its direct-to-home TV operations in the Czech Republic, communi...
Electroalfa Looking For Strategic Investor
Gheorghe Ciubotaru, the Romanian businessman who owns the Botosani-based Electroalfa group operating in the energy industry, is considering selling a stake to a strategic or financial invest...
BCR Buys Silver Mountain Residential Project For EUR49.7M
Lender BCR bought Brasov-based insolvent residential project Silver Mountain, developed by INR Management Real Estate, for EUR49.7 million, judicial administrator Euro Insol said in a statem...
CA Immo Sells 8,200 Sqm Plot Of Land In Bucharest To Real Estate Investor
Austrian group CA Immo sold an 8,200 square meters plot of land in Bucharest, where it had previously planned to build an office building, to investor Ionut Dumitrescu, founder of real estat...