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Bucharest Compound Cortina Residence Auctioned Off Again For EUR7.3M
Real Estate

Bucharest Compound Cortina Residence Auctioned Off Again For EUR7.3M

Bucharest-based real estate compound Cortina Residence, under bankruptcy, will be auctioned off again at a lower price of EUR7.33 million.

Ecaterina Craciun · 06.12.2012 · 11:18 · 1 min
Capital Market

Government Expects To Raise EUR450 From Sale Of Stakes In Petrom, Romgaz, Cupru Min

Romania’s government expects to raise over 2 billion lei (EUR448.2 million) from the sale on the stock exchange of minority stakes in oil company OMV Petrom (SNP.RO) and natural gas producer...

Ioana Tudor · 08.11.2012 · 18:56 · 1 min
Eden Springs In Talks To Buy Romania’s La Fantana - Sources
Retail&Consumer

Eden Springs In Talks To Buy Romania’s La Fantana - Sources

Eden Springs, Europe’s largest provider of office watercooler services, is negotiating the purchase of Romanian peer La Fantana, people close to the talks told Mediafax.

Florentina Dragu · 18.10.2012 · 15:14 · 1 min
Bucharest Real Estate Developers Sold Up To 5 Apartments Monthly In 2012 - Survey
Real Estate

Bucharest Real Estate Developers Sold Up To 5 Apartments Monthly In 2012 - Survey

Real estate developers sold on average two to five apartments per month in 2012, so that 10,000 new apartments are currently available for sale in capital Bucharest and most of them address...

Ioana Tudor · 18.10.2012 · 14:54 · 2 min
BCR Forecloses On Shopping Center Cocor, Will Soon Auction It Off
Real Estate

BCR Forecloses On Shopping Center Cocor, Will Soon Auction It Off

Romanian lender Banca Comerciala Romana (BCR) is foreclosing on Bucharest shopping center Cocor and will auction it off at a starting price of 134.9 million lei (about EUR30 million) on Nove...

Ioana Tudor · 16.10.2012 · 18:43 · 1 min
Romania To Set Transgaz Shares Price For Institutional Investors Based On Subscriptions
Capital Market

Romania To Set Transgaz Shares Price For Institutional Investors Based On Subscriptions

The shares price in state-run natural gas pipeline operator Transgaz Medias (TGN.RO) that Romania aims to sell to institutional investors will be settled based on subscriptions that must tou...

Manuela Panescu · 10.10.2012 · 19:03 · 1 min
Romania’s Largest Hotel Owner Wants To Sell 10 Units, Seeks Foreign Investors
Real Estate

Romania’s Largest Hotel Owner Wants To Sell 10 Units, Seeks Foreign Investors

Hotel owner Josef Goschy has failed in his attempt to sell several of the hotels he owns in Romania, and plans to promote them in China, Russia and the Arab countries.

Ioana Tudor · 26.09.2012 · 18:27 · 1 min
Investors In Poland, Czech Republic Interested In CFR Marfa Sale
Automotive

Investors In Poland, Czech Republic Interested In CFR Marfa Sale

Companies from Poland and the Czech Republic showed interested in taking over railway freight carrier CFR Marfa, while several Romanian transport companies are also expected to bid for the s...

Manuela Panescu · 25.09.2012 · 13:33 · 1 min
Bucharest Shopping Center Cocor Might Sell Spaces Separately
Real Estate

Bucharest Shopping Center Cocor Might Sell Spaces Separately

The owners of Bucharest shopping center Cocor plan to sell the unit’s commercial spaces separately, and the minimum price was set at EUR5,000 per square meter.

Ioana Tudor · 24.09.2012 · 19:45 · 1 min