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BT Invest1 Plans To Sell 2.5% In SIF Moldova
Capital Market

BT Invest1 Plans To Sell 2.5% In SIF Moldova

Romanian investment fund BT Invest1, a unit of financial and banking group Banca Transilvania (TLV.RO), plans to sell a stake of 2.5% in peer fund SIF Moldova (SIF2.RO), the bookrunner on th...

Florentina Dragu · 18.07.2013 · 20:18 · 1 min
Congaz Put Up For Sale At EUR45M Tag Price - Sources
Energy

Congaz Put Up For Sale At EUR45M Tag Price - Sources

Romanian natural gas supplier Congaz Constanta might be put up for sale at a starting price of EUR45 million, people familiar with the matter told Mediafax.

Florentina Dragu · 18.07.2013 · 15:27 · 1 min
RA-APPS Free To Sell State Property By Direct Negotiation After New Auction Failure
Real Estate

RA-APPS Free To Sell State Property By Direct Negotiation After New Auction Failure

Romanian state property authority RA-APPS third attempt to auction off real estate in its portfolio has failed and may now proceed to sell properties by direct negotiation.

Oana Gavrila · 17.07.2013 · 17:56 · 1 min
Two Businessmen Want To Sell 20 Ha Of Land In Timisoara For EUR17.5M
Retail&Consumer

Two Businessmen Want To Sell 20 Ha Of Land In Timisoara For EUR17.5M

Romanian businessmen Emil and Marius Cristescu, owners of group Bega, want to sell several plots of land in Timisoara, with an area exceeding 20 hectares, and the buildings located on them.

Ioana Tudor · 09.07.2013 · 18:32 · 1 min
Cargill Sells Vegetable Oil Production Equipment Of Its Romanian Unit, Readies Plant Closure
Retail&Consumer

Cargill Sells Vegetable Oil Production Equipment Of Its Romanian Unit, Readies Plant Closure

U.S. agri-food company Cargill Wednesday said it finalized the sale of its crushing, refining and bottling equipment of its plant in Podari (southern Romania) to oilseed processor Expur, par...

Ecaterina Craciun · 03.07.2013 · 15:52 · 1 min
Vosganian Says Falling Copper Prices Make CupruMin’s Sale More Difficult
Energy

Vosganian Says Falling Copper Prices Make CupruMin’s Sale More Difficult

Romania’s Economy Minister Varujan Vosganian on Tuesday said the privatization process of state-owned copper producer CupruMin might also include a preliminary negotiation phase, arguing tha...

Ecaterina Craciun · 02.07.2013 · 14:37 · 1 min
Vestas Sells 70 MW Wind Park In Romania To LUKERG Renew For EUR109M
Energy

Vestas Sells 70 MW Wind Park In Romania To LUKERG Renew For EUR109M

LUKERG Renew bought a 70 MW wind park in Galati, eastern Romania, from Denmark’s Vestas, for EUR109.2 million, and the deal is expected to be finalized in the next eight weeks.

Oana Gavrila · 21.06.2013 · 10:32 · 1 min
Marfin Bank Romania To Be Sold Within 3 Months, Year-end At The Latest - CEO
Banks-Insurance

Marfin Bank Romania To Be Sold Within 3 Months, Year-end At The Latest - CEO

The chief executive of Marfin Bank Romania, a unit of Cyprus Popular Bank, Thursday said his institution will likely change ownership in two to three months, in a transaction estimated at ab...

Florentina Dragu · 13.06.2013 · 14:22 · 2 min
Hidroelectrica To Auction Off 25 Micro-Hydro Units In July
Energy

Hidroelectrica To Auction Off 25 Micro-Hydro Units In July

Romanian insolvent state-owned hydropower producer Hidroelectrica will organize an international auction early July to sell 25 micro-hydro facilities at a starting price of 73.6 million lei...

Ecaterina Craciun · 12.06.2013 · 13:59 · 1 min