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Cargill To Sell Off Land And Buildings Of Former Oil Factory In Romania
Cargill Oils, part of U.S. Cargill group, will put up for sale the land and constructions that housed its vegetable oil factory in Podari, in the southern Romanian county of Dolj.
Oltchim Extends Deadline To Sell Its Assets To March 28
Romanian insolvent chemical company Oltchim SA (OLT.RO) has extended by two months until March 28 the deadline by which potential buyers can file bids to purchase the company’s assets.
Bankrupt PIC Hypermarket In Oradea Sold To Maltese Investors To Be Made Into Logistic Center
The former PIC hypermarket in Oradea, western Romania, has been sold to Western Logistics SRL, part of Malta's Alf. Mizzi & Sons Ltd, which will reconvert it into a logistic center, Pricewat...
Sanoma Digital Sells magazinuldecase.ro To Former Publisher
Sanoma Digital has sold magazinuldecase.ro, Romania's second largest online real estate portal and the first online service with ads directly from owners, to Adina Vasilescu, former digital...
Bankrupt Armonia Mall In Braila Expects Buyers As Of January
Bankrupt shopping center Armonia Mall in Braila, eastern Romania, expects potential investors to submit bids starting this month, said Andreea Cionca-Anghelof, managing partner with Casa de...
Honeywell Sells Business Unit Including Romanian Factory To Federal-Mogul For $155M
Honeywell is selling its Friction Materials business unit to U.S. Group Federal-Mogul for $155 million, a deal that includes a brake pad factory Honeywell opened last year in Ploiesti, Roman...
Hungary's MKB Sells Romanian Subsidiary Nextebank To Fund Held By Axxess Capital
Hungarian lender MKB, part of German group BayernLB, sold its Romanian subsidiary Nextebank to Emerging Europe Accession Fund (EEAF) for an undisclosed amount and the deal is pending clearan...
Romania Selects Team That Will Sell Stake In Romtelecom
A consortium led by Swiss Capital – the largest brokerage on the Romanian market – will be the state’s consultant in the sale of the 46% stake in major telecom operator Romtelecom, according...
Cupru Min Copper Sale Fails On Lack Of Binding Bids
Romanian copper producer Cupru Min Abrud’s sale of copper concentrate to interested companies Trafigura (Singapore) and Yildirim (Turkey) has failed as these did not submit binding bids.