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Tarom Signs Deal For 9 ATR Aircraft to Refresh Fleet
Flag-carrying airline Tarom has announced the signing of the lease for nine 72-seat ATR aircraft due to arrive as of February 2020. The new aircraft will be used on regional routes and repla...
Romania’s Central Bank Greenligths Banca Romaneasca-EximBank Deal
Romania’s central bank has given the green light to the acquisition by state-owned EximBank of Banca Romaneasca from the National Bank of Greece, one of the largest Greek financial groups, w...
Antitrust Body Looks Into Deal Whereby IKEA Partner Ingka Buys 80% In Seven Romanian Wind Farms
Romania’s antitrust body is looking into a deal whereby Dutch company Ingka Group, a strategic partner of IKEA franchise system, has bought an 80% stake in seven wind farms in southeast Roma...
Developers Paid Almost EUR100M For Land In H1
Real estate developers continue to bet on development of residential and retail projects, so their appetite for land remains high considering they paid almost EUR100 million in the first hal...
ANEVAR: Real Estate Deals Must Not Remain Confidential
Valuers do not have a database of deals and provide assessment of properties using similar deals as a comparison, says Dana Ababei, chairperson of the national Association of Romanian Author...
Eximbank’s Acquisition of Banca Romaneasca Put at EUR310M
The acquisition of 99.28% in Banca Romaneasca by Eximbank from National Bank of Greece announced on Thursday night is an about EUR310 million deal, financial market sources say, EUR60 millio...
Dedeman’s Paval Brothers One Signature Away from Paying EUR100M for The Office in Cluj
Dedeman has reached an agreement with property investment company NEPI-Rockcastle and businessman Ovidiu Sandor to buy The Office building in Cluj-Napoca in the largest deal outside Buchares...
Morgan Stanley Looking into Buying Hermes Business Campus in Bucharest
Morgan Stanley Real Estate Romania, the local division of the US group, is looking into the acquisition of the Hermes Business Campus office complex in Dimitrie Pompeiu area in the north of...
Blue Air in Talks with German Group to Sell Stake
German-held Zeitfracht group, with aviation, logistics, maritime and real estate operations, could buy into low-cost airline Blue Air Aviation, held by local entrepreneurs, Germany’s Welt re...