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Lawyer: Volume Of Farmland Transactions In Romania To Rise In 2014
The volume of farmland transactions in Romania will increase next year not as a consequence of liberalizing the land market but as a result of this segment’s development, Radu Ionescu, manag...
Number Of Realty Deals In Romania Up About 20% In January-July
The number of real estate transactions in Romania increased about 20% on the year to 462,743 in the first seven months of 2013, while the number of new mortgages registered with national cad...
Pambac Borrows RON40M For Network Expansion, Upgrades
Romanian bread and bakery producer Pambac Bacau SA has borrowed around 40 million lei (a little over EUR9 million) from Banca Transilvania to expand its store network and upgrade production...
Netopia mobilPay Processed Over 1 Mln Online Card Payments In 1H
Online card payment processor Netopia mobilPay, also the largest player on the Romanian mobile phone micropayment market, processed over 1 million online transactions through the mobilPay pl...
Number Of Realty Deals In Romania Up 20% In January-May
The number of real estate transactions in Romania increased 20% on the year to 323,419 in the first five months of 2013, while the number of new mortgages registered with national cadastre a...
Kingfisher Closes On Its Acquisition Of Bricostore
British group Kingfisher, with annual turnover of around EUR12 billion, has the green light to enter the Romanian DIY market after closing on the acquisition of the 15-unit Bricostore chain...
UniCredit Acquires Royal Bank of Scotland’s Retail Operations In Romania
Romanian lender UniCredit Tiriac Bank and sister company UniCredit Consumer Financing Tuesday have reached an agreement to acquire the retail and private banking business of Royal Bank of Sc...
Citi To Acquire ING’s Custody And Securities Services Business In CEE Europe
Citigroup Inc. financial services corporation has reached an agreement to acquire ING’s custody and securities services business in seven Central and Eastern European markets, including Roma...
Property Deals In Romania Rise Slightly To EUR102M In 1Q/2013
Real estate transactions in Romania amounted to EUR102 million in the first quarter of 2013, slightly up from EUR99 million in the same interval a year ago, but the country lags way behind o...