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Purcari Sells Its 31.4% Stake In Glass Container To Vetropack Group
Vinaria Purcari SRL, a wholly owned subsidiary of Purcari Wineries PLC, has entered a transaction to sell the 31.415% stake owned in Glass Container Company SA to Vetropack Group, a leading...
65% In Banca Transilvania Directly And Indirectly Owned By Romanian Investors
Romanian investors – retail investors, regional investment funds (SIF), private pension funds, own 65% in Banca Transilvania (TLV.RO), the data in the 2019 report of the lender’s board of di...
Outgoing Economy Minister: ExxonMobil Not Fully Determined To Sell Its 50% Stake In Neptun Deep Project
U.S. ExxonMobil is not fully determined to sell its 50% stake in the Neptun Deep natural gas offshore project, outgoing economy minister Virgil Popescu told Realitatea Plus Monday evening, a...
Radu Enache, Continental Hotels: GED Seeks To Sell Its Stake
Spanish-held private equity firm GED is looking for a buyer for the almost 30% in Continental hotel group, businessman Radu Enache, the majority owner of the business, says.
Largest Real Estate Company in Germany Ups Stake in Globalworth to 22%
Romanian office space market has entered the radar of Western European investors, after years of market domination by South African companies.
Adama Group Buys 10% Stake In Agricover
Adama Ltd, an agribusiness group with $3.9 billion turnover globally, has bought 10% of the share capital of Agricover, the main distributor of farm inputs in Romania. The representatives of...
Lorimer Ventures Plans To Sell Its Stake In Purcari Wineries In Accelerated Book Building
Cyprus-based Lorimer Ventures Limited, which owns a 22.6% stake in winemaker Purcari Wineries said it plans to sell its stake through an accelerated book building (ABB) process which does no...
Romgaz Shareholders Approve Acquisition Of 20% Stake In Greek Firm Gastrade
Shareholders of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Thursday approved the acquisition of 20% of the shares of Greek natural gas company Gastrade, according to a...
Morphosis Capital Makes First Acquisition, Gets Minority Stake in DocProcess
Private equity firm Morphosis Capital established by a team of four Romanians experienced on foreign markets, has bought a minority stake in Romanian-held operational process automation comp...