SALE
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CFR Marfa Sale Fails - Sources
The privatization of state-owned railway freight carrier CFR Marfa has failed because the privatization committee and Grup Feroviar Roman (GFR) could not reach an agreement on Monday, Octobe...
Vosganian: Negotiations To Sell Oltchim Will Start This Week
Negotiations to sell state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) will start this week and will involve companies from Israel, Turkey, Romania and post-Soviet states, outgoing...
Cemacon Seeks to Sell Its Old Factory In Zalau And 6 Ha Land For EUR7-8M
Romanian brick maker Cemacon (CEON.RO) wants to raise EUR7-8 million by selling the industrial platform it owns in the center of the town of Zalau, northwestern Romania, which includes its o...
U.S. Investment Fund Buys Avangate, Part Of Romanian-Owned GeCAD Group
U.S. investment fund Francisco Partners has bought the entire stake in ecommerce solutions provider part of the GeCAD group, owned by Romanian businessman Radu Georgescu, for an undisclosed...
Communications Ministry Seeks Consulting Firm For Romtelecom Sale
Bids from companies interested in advising Romania’s Communications Ministry on the sale of its minority stake in telecom operator Romtelecom will be opened on November 7, the ministry said...
GFR Puts EUR20M In Escrow Account For CFR Marfa; Privatization Goes On
Grup Feroviar Roman (GFR), which has won an auction to buy a 51% stake in Romanian state-owned railway freight carrier CFR Marfa, Thursday transferred 90.4 million lei (about EUR20 million)...
Fuel Demand Down 10%, Price Up 60% In Romania in 2008-2012
Romania has lost about 10% of its fuel demand in five years of crisis (2008-2012), one of the most serious declines in Europe out of nine members countries analyzed by ZF based on Euromonito...
Insolvent Residential Project Citadella Titan Up For Sale For EUR6.85M
Insolvent residential project Citadella Titan in Bucharest could be put up for sale for EUR6.85 million, according to the reorganization plan approved by creditors.
Dacia’s New Duster Might Go On Sale In A Month
The start of sales of Dacia’s new Duster SUV on the local market is the most anticipated event by Dacia dealers in the second half of this year.