SALE
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Radu Enache Wants To Sell Two Plots And Ibis Hotel In Constanta
Romanian businessman Radu Enache, owner of the Continental Hotels chain, plans to sell two plots located in the cities of Timisoara and Iasi, as well as the Ibis Hotel in the city of Constan...
Bank Of Cyprus Keeps Romanian Unit Closed Until April 22, Pending Sale
The Romanian units of Bank of Cyprus will remain closed for two more weeks, until April 22, pending sale negotiations that start Monday, April 8, the bank said in a statement Sunday.
Romania Sets RON800M Minimum Bid Price For CFR Marfa Sale
Romania’s Transport Ministry has set a minimum bid price of 798.05 million lei (EUR180.2 million) for freight rail company CFR Marfa, one of the several state-run companies the government ha...
ATE Bank Romania Sale Delayed By Shareholder Pull-out Request
The sale of ATE Bank Romania cannot be completed due to a shareholder’s request to withdraw from the local lender.
BNR: Deposits In Bank of Cyprus Romania Protected By Local Law If Ownership Changes
A potential change of ownership at Bank of Cyprus Romania would place existing deposits in the bank under local legislation, an official of the central bank said Monday.
Brick Producers: Flat Market This Year Would Be A Positive Signal
Brick sales will remain at a similar level this year to 2012, brick manufacturers agree. They also say the price war will continue this year, writes Business Construct magazine.
Transgaz Offering On Schedule: Price Comes Next Week
The prospectus for the sale of 15% in Transgaz Medias (TGN.RO) has been finalized and sent to the National Securities Commission (CNVM) for approval. The only step left is for the Romanian G...
Romstrade Logistic Expres Sells Two Saab Aircrafts To Guatemala-Based Firm For $1.1M
Romanian insolvent air transport company Romstrade Logistic Expres is selling two Saab 340A aircrafts to a Guatemala-based firm for some $1.1 million, said Rudolf Vizental, managing partner...
PIC Hypermarkets Put Up For Sale As Takeover Deal Falls Through
Romanian insolvent hypermarket network PIC has been put up for sale by its legal administrator PricewaterhouseCoopers Business Recovery Services (PwC) after businessman Nicolae Sarcina quit...