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SALE

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Liquidators To Sell Bucharest City Mall Through Direct Negotiation
Real Estate

Liquidators To Sell Bucharest City Mall Through Direct Negotiation

Bankrupt Bucharest shopping center City Mall failed to draw bidders in the fifth auction, set for June 30, thus the liquidator, Casa de Insolventa Transilvania, will sell the unit through di...

Andrei Cîrchelan · 29.06.2011 · 17:53 · 1 min
Energy

Romania To Amend Green Certificate Sale Legislation, Collect EUR1.2B

The Economy Ministry wants to simplify legislation on the sale of greenhouse gas certificates, or AAUs, through which it plans to collect EUR1.2 billion, some two times less than initially a...

Andrei Cîrchelan · 28.06.2011 · 18:25 · 1 min
Domo's Sale Enters Finishing Straight
Retail&Consumer

Domo's Sale Enters Finishing Straight

The sale electronics and home appliances retailer Domo has entered the finishing straight, as bids need to be submitted by July 15, according to Lorand Szarvadi, founder and minority shareho...

Cristina Roșca · 09.06.2011 · 00:00 · 2 min
Automotive

Environment Ministry: Car Tax Charged To Buyer On First Sale

Romania's car tax, in its future form, will be paid by the buyer upon the first sale of any car for which the tax has not already been paid, said an Environment Ministry press release on Tue...

Radu Bostan · 31.05.2011 · 18:04 · 1 min
City Mall Bucharest To See Fourth Sale Attempt, At EUR23.58M
Real Estate

City Mall Bucharest To See Fourth Sale Attempt, At EUR23.58M

Bankrupt shopping center City Mall Bucharest will be put on sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 mil...

Andrei Cîrchelan · 30.05.2011 · 11:57 · 1 min
Vimetco Plans To Sell Up To 21% In Smelter Alro
Capital Market

Vimetco Plans To Sell Up To 21% In Smelter Alro

Netherlands-based Vimetco and Romania’s Conef SA want to sell up to 20.96% of their 87.96% stake in aluminum smelter Alro Slatina, in a deal estimated at 575.9 million lei (EUR138.9 million)...

Florentina Dragu · 18.05.2011 · 19:18 · 1 min
Real Estate

Romanian Tulip Inn Sunny Hill Hotel On Sale For EUR6.5M

The four-star Tulip Inn Sunny Hill hotel in Romanian city Cluj-Napoca was put on sale for EUR6.5 million, plus VAT, unit owner Eugen Tusa told MEDIAFAX.

Andrei Cîrchelan · 13.05.2011 · 16:55 · 1 min
Real Estate

Social Homes Might Be Sold For Closer To Market Value

Romanian authorities might be able to sell public housing for a price determined by an expert evaluator, closer to the home's regular market price, as per a Government-sponsored bill changin...

Radu Bostan · 09.05.2011 · 14:42 · 1 min
Real Estate

Pre-WW2 Building On Sale In Bucharest For EUR2.7M

Israeli investors put on sale a building near Bucharest’s Gara de Nord train station for EUR2.7 million, property broker M.T. Investment said Wednesday.

Andrei Cîrchelan · 27.04.2011 · 16:43 · 1 min