TRANSACTION
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Transactions On Romania's Forex Market Down To EUR284B In Jan-Sept
The volume of transactions on the Bucharest forex market dropped 7% in the first nine months to EUR284 billion or a daily average of EUR1.5 billion, as a result of the lack of foreign curren...
BCR Sells RON1B NPL Package
Romania’s largest lender Banca Comerciala Romana, or BCR, sold non-performing loans of 1 billion lei (EUR225 million) in July to a consortium of foreign investors and available funding lines...
2013 In Review: Ten Most Important Events In Healthcare
In 2013 all eyes were on the Health Ministry as far as the healthcare system is concerned, while the private sector came with several surprise transactions.
Main Business Events In 2013
ZF has listed the main events of 2013 in Romanian business, which include the biggest-ever profit made by a company in Romania, the opening of the first bridge linking Romania to Bulgaria in...
Deal Of The Year In Real Estate: NEPI Pays EUR81M For City Park Mall In Constanta
South-African investment fund NEPI Tuesday concluded this year’s biggest transaction on the Bucharest real estate market, paying EUR81 million for shopping mall City Park in southeastern cit...
Giant UK Investment Fund Buys EUR30M Romanian Farm
British investment fund Insight Investment, which manages assets of 271.9 billion pounds worldwide, has bought Romanian company Agricom Borcea, which holds a 13,600-ha farm in Calarasi count...
Norwegian Group Blom Sells Romanian Subsidiary For EUR2.1M
Danish company Rambøll took over geospatial services provider Blom Romania from Norwegian group Blom for EUR2.1 million.
French Retailer Auchan Must Satisfy Expansion/Price Conditions In Two Romanian Cities
The takeover by French group Auchan of Real hypermarkets in Targu Mures and Craiova (Romania), where the group almost hit a 40% market share, is conditional on observing several requirements...
Michael Topolinski Buys Bankrupt Pump Maker In Bucharest
Canadian businessman Michael Topolinski has acquired bankrupt pump maker Aversa in Bucharest and was assisted in the transaction by law firm Biris Goran.