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Investment Fund To Acquire Bucharest’s Vitantis Shopping Center
Real Estate

Investment Fund To Acquire Bucharest’s Vitantis Shopping Center

Investment fund Equest Balkan Properties (EBP) is close to completing the sale of shopping center Vitantis Shopping Center to Revetas Capital specialized in the acquisition of "distressed" r...

Ecaterina Craciun · 19.05.2014 · 15:22 · 1 min
Silver Mountain Residential Compound Put Up For Sale For EUR45.5M
Real Estate

Silver Mountain Residential Compound Put Up For Sale For EUR45.5M

Insolvent Silver Mountain residential project in the central county of Brasov, developed by INR Management Real Estate, was put up for sale by the judicial administrator for EUR45.5 million,...

Gabriela Stan · 13.05.2014 · 15:50 · 1 min
Petrom Sells Real Estate Assets
Real Estate

Petrom Sells Real Estate Assets

OMV Petrom (SNP.RO), the largest oil and natural gas producer in Romania, is selling about 70 pieces of property, such as land, apartments, corporate buildings, a sports center and a public...

Loredana Frățilă-Cristescu · 02.05.2014 · 00:00 · 1 min
Vinarte's Creditors OK Sale Of Assets, Wine Stocks, Brands To China’s Red Gate
Retail&Consumer

Vinarte's Creditors OK Sale Of Assets, Wine Stocks, Brands To China’s Red Gate

Creditors of insolvent Romanian wine producer Vinarte approved Friday the sale of the assets, wine stocks and brands to China-based Red Gate, for EUR3.6 million, judicial liquidator RVA Inso...

Gabriela Stan · 28.04.2014 · 17:12 · 1 min
Chinese Company Seeks To Buy Vinarte's Assets, Wine Stocks, Brands For EUR3.6M
Retail&Consumer

Chinese Company Seeks To Buy Vinarte's Assets, Wine Stocks, Brands For EUR3.6M

China-based Red Gate offered to pay EUR3.63 million for the assets, wine stocks and brands of insolvent Romanian wine producer Vinarte, which were put up for sale at an asking price of EUR3....

Oana Gavrila · 23.04.2014 · 17:09 · 1 min
Romania Puts Ceausescu's Former State Residence Up For Sale
Real Estate · EXCLUSIVE

Romania Puts Ceausescu's Former State Residence Up For Sale

Romanian authorities will put up for sale the state residence of the late communist dictator Nicolae Ceausescu, citing its infrequent utilization to host official delegations and high mainte...

Oana Gavrila · 17.04.2014 · 15:37 · 1 min
Insolvency Practitioner CITR Sold Real Estate Assets Of EUR10M In March
Real Estate

Insolvency Practitioner CITR Sold Real Estate Assets Of EUR10M In March

Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) sold real estate assets in of around EUR10 million in March, including a EUR1 million penthouse in the Alia Apartments...

Oana Gavrila · 08.04.2014 · 10:31 · 1 min
Former Pic Store In Pitesti Sold To Romanian Investors
Real Estate

Former Pic Store In Pitesti Sold To Romanian Investors

The former Pic hypermarket in Pitesti has been sold to Romanian investors, liquidator PricewaterhouseCoopers Business Recovery Services announced Monday.

Oana Gavrila · 07.04.2014 · 11:18 · 1 min
Romgaz Looks To Sell 50% Of Stake In Two Oil Blocks In Poland
Energy

Romgaz Looks To Sell 50% Of Stake In Two Oil Blocks In Poland

Romgaz Medias (SNG.RO), the largest natural gas producer in Romania, is in talks with a US company to sell 50% of its stake in two oil blocks in Poland.

Loredana Frățilă-Cristescu · 07.04.2014 · 00:00 · 2 min