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Polish ABC Data Group Sells Majority Stake In Scop Computers For EUR500,000
Companies

Polish ABC Data Group Sells Majority Stake In Scop Computers For EUR500,000

ABC Data group, Poland’s largest IT&C distributor, sold its 51% stake in Romanian insolvent company Scop Computers for EUR500,000, according to a statement sent by the group to the Warsaw St...

Ecaterina Craciun · 02.08.2013 · 10:52 · 1 min
Businessman Ioan Niculae Wants To Buy 16.66% Of Comcereal Prahova, Delist Company
Capital Market

Businessman Ioan Niculae Wants To Buy 16.66% Of Comcereal Prahova, Delist Company

Romanian businessman Ioan Niculae wants to acquire over 16.66% of grain wholesaler Comcereal Prahova Ploiesti (CPRH.RO) for 3.1 million lei (EUR0.7 million) and delist the company.

Ioana Tudor · 18.07.2013 · 12:49 · 1 min
3% Of Fondul Proprietatea Traded in Bucharest For RON264.5M
Capital Market

3% Of Fondul Proprietatea Traded in Bucharest For RON264.5M

A stake of 3.012% of investment fund Fondul Proprietatea (FP.RO) shares was transferred on the Bucharest Stock Exchange Tuesday in a special deal, for 264.5 million lei (EUR59.5 million).

Bogdan Neagu · 09.07.2013 · 16:46 · 1 min
Roughly 46.4% In Argus Traded In Bucharest For RON40M
Capital Market

Roughly 46.4% In Argus Traded In Bucharest For RON40M

An aggregate stake of 46.35% in Romanian edible oil producer Argus Constanta (UARG.RO) was sold on the Bucharest Stock Exchange Friday in exchange for 39.8 million lei (roughly EUR9 million)...

Florentina Dragu · 14.06.2013 · 17:10 · 1 min
Proprietatea Fund Sells 1.11% In OMV Petrom For RON247M
Capital Market

Proprietatea Fund Sells 1.11% In OMV Petrom For RON247M

Romanian investment fund Fondul Proprietatea (FP.RO) has sold 1.11% of a planned stake of 1.77% in leading oil company OMV Petrom (SNP.RO) for a total 246.6 million lei (EUR56.8 million), th...

Florentina Dragu · 17.05.2013 · 16:59 · 1 min
Energy

Chevron Romania Manager Sells His Stake For $1M To Group Division

The general manager of Chevron Romania, Cristian Caciulescu, has sold the stake he owned in the car and industrial lubricant company for about $1.1 million to a division of U.S. group Chevro...

Oana Gavrila · 06.05.2013 · 15:44 · 1 min
Proprietatea Fund Buys Back 0.2% Stake For RON16.8M
Capital Market

Proprietatea Fund Buys Back 0.2% Stake For RON16.8M

Investment fund Fondul Proprietatea (FP.RO) redeemed about 0.2% of its shares on the Bucharest bourse for 16.8 million lei (EUR3.8 million) in the first two weeks of a 18-month program throu...

Ioana Tudor · 03.05.2013 · 12:49 · 1 min
Cemacon Shares Boast Highest Gains On Bucharest Stock Exchange
Real Estate

Cemacon Shares Boast Highest Gains On Bucharest Stock Exchange

Romanian brick manufacturer Cemacon (CEON.RO), which has a plant in Zalau, has been the star of the beginning of the year on the Bucharest Stock Exchange, as the value of its shares almost d...

Ecaterina Craciun · 02.05.2013 · 00:00 · 1 min
Elliott and City Of London Among the Deciders In Romania's Economy
Capital Market

Elliott and City Of London Among the Deciders In Romania's Economy

Two U.S. groups, Elliott Associates and City of London Investment Management Company, are among the largest investors in Romania after having spent EUR400 million on Fondul Proprietatea (FP....

Oana Gavrila · 25.04.2013 · 00:00 · 1 min