SALE
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Romanian Developers Put Hotels On Sale For Unrealistic Prices - Assoc
Tens of hotels built in Romania over the past 10-12 years, mainly by people who don’t usually invest in tourism, and which are not efficient, are now put on sale for very high sums, says Rad...
City Mall Sale Price Is A Reference For Losses Banks Will Incur From Distressed Assets, Analysts Say
Consultants and appraisers believe the EUR17.3 million price that the shopping center City Mall in Bucharest will be sold for is a reference for the discount banks will have to take in order...
Hungary’s Abo Puts Up Its Romanian Operations For Sale
Hungary’s Abo Group, a top-ten company on the Romanian milling and bakery market, has put its business up for sale, as well as the tens of millions of euros in assets it holds in Romania.
Romania Sells Mamaia Hotel Complex For EUR2.5M
Romania's Tourism Ministry has sold the "Mamaia" five-star hotel complex in Mamaia to Silviu Iordache, a natural person from Bucharest, for EUR2.48 million.
ATEbank To Hire Advisors To Sell Romanian Unit
Greek ATEbank on Tuesday said it will hire financial advisors to sell the majority stake in ATEbank Romania, under a restructuring plan set up in May this year.
Romanian Apartment Prices Rise 1.6% In September, To EUR1,048 Per Sqm
The average asking price for apartments in Romania rose 1.6% on the month in September, but it still is 5.1% lower on the year, real estate website www.imobiliare.ro said Monday.
Nokia To Seek Buyer For Jucu Facility, After Plant Shutdown - CEO
Nokia Corporation chief executive officer Stephen Elop on Thursday said the company will seek out buyers for the Jucu plant, which it plans to shut down.
Chimopar To Sell 35-Ha Plot In Bucharest For EUR18M
Romanian chemicals maker Chimopar Bucuresti (CPR.RO) on Thursday said it will sell a 35-hectare plot in Bucharest, for EUR18 million, to Cyprus-registered Maveco Holdings Limited.
Millennium Bank’s New Strategy Could Entail Selling Romanian Subsidiary
The operations Millennium BCP runs in Poland, Greece and Romania, will from now on be considered by the group as non core, i.e. will be treated as assets no longer essential for the business...