SALE
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Cora Starts Selling Food Products Online
Retailer Cora, which operates a 10 hypermarket chain in Romania, will introduce the coradrive.ro service in this country, which allows customers to shop online and pick up the products in st...
Transport Ministry Selects Deloitte-Led Consortium To Advise On CFR Marfa Sale
Romania’s Transport Ministry on Friday awarded a 2.5 million lei (EUR570,000), VAT included contract to a consortium led by U.S. consultancy firm Deloitte to advise on the sale of state-owne...
Dacia Sandero Is Best-Selling Car In Spain
The first month of 2013 brought a rise in Dacia registrations on the main European markets, with the new Dacia Sandero being the best-selling car on the Spanish market.
Notaries: Romania Cashed Lower Revenue From Tax On Property Transfers In 2012
The amount cashed by the Romanian state from taxing revenue obtained from property transfers reached 499 million lei (EUR112 million) in 2012, close to the level in 2011, despite a 17% incre...
THR Marea Neagra Wants To Sell Five Seacoast Hotels To Upgrade Remaining Units
Romanian company THR Marea Neagra (EFO.RO) has put up for sale five hotels and several other assets on the Black Sea seacoast, and will use the money obtained to upgrade its other hotels, Li...
GTC Cancels Sale Of Three Shopping Centers In Romania
Israeli-owned real estate developer Globe Trade Center (GTC) and a prospective buyer of three shopping centers in Romania have decided to cancel the transaction.
Pressured For Dividends, Two SIFs Have Already Sold A Third Of Their Assets
Some of the regional investment funds (SIFs) have reduced their assets by almost 30% in the last three years, selling part of their portfolios and mainly their bank stakes. They did it in re...
Bucharest Compound Cortina Residence Auctioned Off Again For EUR5M
Bucharest-based real estate compound Cortina Residence, under bankruptcy, was auctioned off again at a lower price of EUR5 million.
Romania To Sell 51% In Posta Romana To Strategic Investor
Romanian state-owned postal company Posta Romana will be privatized through a share capital hike, and the future investor will hold a 51% stake in the company instead of a previously agreed...