TRANSACTION
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Selena Paid RON13M To Acquire Euro MGA Product
The transaction whereby Polish group Selena took over entirely Romanian construction materials producer Euro MGA Product amounts to 13 million lei (nearly EUR3 million), Dorin Spataru, admin...
Almost 1% In Proprietatea Fund Traded On Bucharest Bourse
Four stakes representing 0.97% in Romanian investment fund Fondul Proprietatea (FP.RO) were traded Tuesday on the Bucharest Stock Exchange in only 8 minutes, for 70 million lei (some EUR15.5...
Some 1.3% Of Proprietatea Fund Shares Traded For RON94.6M On Bucharest Bourse
A stake of 1.27% in Romanian investment fund Fondul Proprietatea (FP.RO) was traded Thursday on the Bucharest Stock Exchange in a deal transaction of 94.6 million lei (some EUR21 million).
Oltchim Shares Suspended From Trading Ahead Of Privatization
The Bucharest stock exchange suspended transactions with shares of state-owned chemical company Oltchim Ramnicu-Valcea (OLT.RO), a minute before the deadline to submit offers for the privati...
Pharmaceutical Industry Prepares For Major Deal, Targeting 220 Pharmacies
Pharmaceutical giant Alliance Boots could enter the Romanian market directly after testing the waters for a long time, through the acquisition of a pharmacy network.
How Banks Can Charge Twice For The Same Payment
The decline of credit sales and implicitly of interest rate income are forcing banks to identify new sources of income, which led to the emergence of fees that are difficult to justify, such...
Almost 2.6% In Proprietatea Fund Sold For RON200M In Bucharest
A stake of 2.59% in Romanian investment fund Fondul Proprietatea (FP.RO) was traded on the Bucharest bourse Friday for 199.4 million lei (EUR45.2 million).
Almost 3% In SIF Banat-Crisana Sold For RON17.5M In Bucharest
A total stake of 2.98% in regional investment fund SIF Banat-Crisana (SIF1.RO) was traded on the Bucharest bourse’s deal market Friday for 17.5 million lei (EUR4 million).
Urdareanu Sells UTI HQ In Downtown Bucharest To Greek Millionaire
Businessman Tiberiu Urdareanu, who controls the UTI group, a business worth almost EUR160 million in 2010, is negotiating the sale of the UTI Headquarters building in downtown Bucharest to a...