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Glencore, Trafigura, Yildirim Holding File Pre-Qualification Bids For Romania’s Cupru Min
Companies

Glencore, Trafigura, Yildirim Holding File Pre-Qualification Bids For Romania’s Cupru Min

Turkish chrome producer Yildirim Holding Inc., Dutch commodities trader Trafigura and Switzerland’s Glencore have filed pre-qualification bids to purchase up to 331,890 tons of copper concen...

Florentina Dragu · 02.09.2013 · 15:29 · 1 min
Portugal’s BCP To Sell Millennium Bank Romania In Restructuring Plan
Banks-Insurance

Portugal’s BCP To Sell Millennium Bank Romania In Restructuring Plan

Portugal’s lender BCP Monday said it has received formal approval from the European Commission regarding its restructuring plan that includes the future sale of its Romanian unit Millennium...

Florentina Dragu · 02.09.2013 · 15:10 · 1 min
HoneyWood Wants To Sell 30-50 Eco-Homes/Year In Romania In Near Future
Real Estate

HoneyWood Wants To Sell 30-50 Eco-Homes/Year In Romania In Near Future

Construction firm HoneyWood, which entered Romania this spring, hopes to sell locally 30 to 50 eco-homes made of wood annually in the following four years.

Ioana Tudor · 29.08.2013 · 13:38 · 1 min
Turbomecanica To Sell 3.3-Ha Land After It Relocated Production
Real Estate

Turbomecanica To Sell 3.3-Ha Land After It Relocated Production

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Monday said it would put up for sale a 3.3-hectare land in Bucharest’s sixth district, after it managed to complete the process...

Ecaterina Craciun · 26.08.2013 · 13:23 · 1 min
Millennium BCP Wants To Sell Its Romanian Unit - Sources
Banks-Insurance

Millennium BCP Wants To Sell Its Romanian Unit - Sources

Millennium BCP, Portugal’s largest listed bank, will sell Millennium Bank Romania and will exit the local market, people familiar with the matter told Mediafax Wednesday.

Ioana Tudor · 21.08.2013 · 16:44 · 1 min
KPMG Advises On Sale Of Non-Performing Loans Of Over EUR100M
Companies

KPMG Advises On Sale Of Non-Performing Loans Of Over EUR100M

Audit and consultancy firm KPMG is involved in a transaction to sell a portfolio of non-performing loans with a nominal value of over EUR100 million, Serban Toader, Senior Partner of KPMG Ro...

Oana Gavrila · 21.08.2013 · 00:00 · 2 min
RA-APPS Starts Direct Negotiation Sale Of State Property For 30% Less Than Auction Prices
Real Estate

RA-APPS Starts Direct Negotiation Sale Of State Property For 30% Less Than Auction Prices

Romania's state property authority RA-APPS has started direct negotiation procedures for the sale of property in its portfolio, at prices 30% lower than asked at auctions it held this year d...

Oana Gavrila · 07.08.2013 · 16:21 · 1 min
EuroGsm: Most Romanians Prefer Android Smartphones
Retail&Consumer

EuroGsm: Most Romanians Prefer Android Smartphones

Romanian mobile subscribers spend an average of 200 lei (EUR45) on smartphones and prefer devices using Android operating systems, according to EuroGsm data, one of the largest retailers in...

Ioana Tudor · 05.08.2013 · 13:12 · 1 min
Bankrupt Armonia Braila Mall Sale Price Lowered By 30% Again, To EUR10M
Real Estate

Bankrupt Armonia Braila Mall Sale Price Lowered By 30% Again, To EUR10M

Creditors of Bankrupt shopping center Armonia Mall in Braila, eastern Romania, have lowered the mall’s sale price by another 30%, to EUR10 million, net of VAT, and expect bids by August 20.

Oana Gavrila · 30.07.2013 · 12:42 · 1 min