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Bucharest Shopping Center Cocor Put Up For Sale For EUR50M
Real Estate

Bucharest Shopping Center Cocor Put Up For Sale For EUR50M

The shareholders of shopping center operator Cocor Bucuresti (COCR.RO) have approved the sale of all its assets to restructure the company, and the asking price of shopping center Cocor in d...

Ioana Tudor · 18.07.2012 · 12:09 · 1 min
OMV Petrom Sells LPG Unit To Crimbo Gas International
Energy

OMV Petrom Sells LPG Unit To Crimbo Gas International

Romania’s largest oil company OMV Petrom (SNP.RO) said Friday it sold subsidiary Petrom LPG to Crimbo Gas International, exiting the liquid petroleum gas bottling and distribution market.

Ioana Tudor · 29.06.2012 · 11:28 · 1 min
Regal Petroleum To Sell Romanian Subsidiary To Zeta Petroleum For $650,000
Energy

Regal Petroleum To Sell Romanian Subsidiary To Zeta Petroleum For $650,000

London-based oil company Regal Petroleum said Thursday it will sell its subsidiary in Romania to Zeta Petroleum for $650,000.

Ioana Tudor · 31.05.2012 · 12:34 · 1 min
Volksbank Austria Wants To Sell Volksbank Romania  By 2015
Banks-Insurance

Volksbank Austria Wants To Sell Volksbank Romania By 2015

Volksbank Austria will sell its 51% stake in the vehicle that controls Volksbank Romania “under the best terms and as soon as possible,” according to the set of conditions part of the group’...

Razvan Voican · 07.05.2012 · 00:00 · 1 min
PineBridge Investments-Backed Consortium Buys 92.4% In Romania MKB Romexterra Bank
Banks-Insurance

PineBridge Investments-Backed Consortium Buys 92.4% In Romania MKB Romexterra Bank

Hungary’s MKB Bank Zrt Thursday signed an agreement with a consortium of investors backed by international asset management company PineBridge Investments to sell its 92.4% stake in Romanian...

Florentina Dragu · 05.04.2012 · 17:27 · 1 min
Companies

Bulgarian Firm Ousted From Cupru Min Purchase Auction

Bulgarian Ellatzite Med Ad was disqualified from the auction to buy Romanian copper mining firm Cupru Min, which leaves Australian OZ Minerals, Canadian Roman Copper Corp. and Dutch Dundee H...

Andrei Cîrchelan · 26.03.2012 · 13:51 · 1 min
Real Estate

Number Of Hotels, Boarding Houses On Sale In Romania Up 30% In 2012

The number of Romanian hotels and boarding houses up for sale at the seaside and in mountain areas rose 30% this year compared with the number registered last fall, with prices ranging from...

Ecaterina Craciun · 13.03.2012 · 12:39 · 1 min
Capital Market

Fondul Proprietatea Eyes Selling Unlisted Stakes

Investment fund Fondul Proprietatea (FP.RO) on Tuesday announced the appointment of Citigroup Global Markets Limited as intermediary in the sale of stocks in several unlisted power and gas d...

Andrei Cîrchelan · 06.03.2012 · 19:24 · 1 min
Real Estate

Uzuc To Sell Five Properties For EUR2.15M Total

The shareholders of technological lines maker Uzuc (UZC.RO), part of the Serviciile Comerciale Romane group, owned by businessman Stefan Vuza, approved the sale of five plots in Ploiesti (60...

Andrei Cîrchelan · 20.02.2012 · 18:08 · 1 min