08.14.2017

Businessman Ovidiu Buluc is about to reach an agreement with German-held pharmaceutical giant Phoenix to sell his pharmaceutical wholesale and retail group Farmexim in an over EUR100 million deal, more

08.03.2017

The liquidator of CET Brasov, the city's heating company until 2011, seeks to sell the bankrupt company's assets again, halving the asking price to EUR18.48 million from EUR40 million in 2013. more

07.20.2017

OMV Petrom on Thursday announced the signing of a contract to sell OMV Petrom Wind Power SRL (Dorobanu Wind Park) to Transeastern Power B.V., a limited liability company registered in the Netherlands, more

07.20.2017

Mihai Sotropa, one of the few local entrepreneurs who entered the cable TV market in the early nineties and are still there, sold along with his two Romanian partners the IKOM cable company more

07.12.2017

Private equity fund manager Abris Capital is putting courier service company Urgent Cargus up for sale again after negotiations with Mid Europa Partners fell through, market sources say. more

07.04.2017

Greece's second-largest lender, National Bank of Greece (NBG), will be selling its assets in Romania (Banca Romaneasca), Serbia and Cyprus, to complete a restructuring plan agreed with European more

07.04.2017

Korean Daewoo Shipbuilding & Marine Engineering will sell off its subsidiary Mangalia Shipyard in Romania to a Dutch shipbuilder, The Korea Economic Daily reported. more

07.03.2017

Entrepreneur Cristian Ludovic Pop who saw the pet trend coming and opened the Animax business catering to pet owners is considering selling it, market sources say. more

06.30.2017

Local entrepreneurs Dan and Dorina Mutu, are considering the sale of Annabella retail chain. With its about 220 million lei (EUR48.3 million) sales last year and a network of about 60 stores, more

06.23.2017

CEC Bank, the sixth largest bank in Romania by assets, sold a set of non-performing consumer and credit card loans worth 541.4 million lei (EUR120 million) in gross amount, for RON94 million in 2016, more

06.21.2017

Romania’s Competition Council has approved the association between Iulius Holding, held by businessman Iulian Dascalu and Atterbury Romania, entirely held by investment fund Atterbury Europe. more

06.07.2017

Czech Republic-based Expobank, held by a Russian investor, Igor Kim, as well as an investment management company in London, Argo Capital Management, together with Duet Private Equity, are in the race more

06.06.2017

Hungary’s leading banking group OTP is in pole-position in the tender to buy Banca Romaneasca, ahead of Banca Transilvania, banking industry sources said. more

06.06.2017

Vasile Armenean, the entrepreneur who owns ice cream producer Betty Ice, is considering selling part of the company he established more than two decades ago and took to EUR28 million sales. more

06.02.2017

Brothers Dragos and Adrian Paval, who own the DIY retail chain Dedeman, signed the agreement with Africa Israel to buy AFI Park 1-5 office buildings near the AFI Palace Cotroceni mall for almost more

05.24.2017

A potential sale of Sun Plaza mall in Bucharest is not out of the question, says Friedrich Wachernig, member of the board of Austrian-held developer S Immo, the owner of the shopping center. more

05.19.2017

Bancpost, the ninth largest bank in Romania by assets, has attracted the interest of eight Romanian and foreign strategic and institutional investors after being put up for sale, banking sources told more

05.19.2017

Spanish-held private equity firm GED Capital is looking to sell its stakes in Romanian companies by yearend and has already hired investment bankers and law firms to handle the sale of stakes in more

05.18.2017

Private equity fund Axxess Capital is preparing to put up for sale a stake in Romanian cyber security solutions provider BitDefender, which is now getting significant exposure worldwide and in Romania more

05.12.2017

All five hypermarkets of bankrupt Romanian-held retailer PIC have found a buyer. France’s Saint Gobain bought the hypermarket in Calarasi, a distribution and transport company bought the store in more

04.24.2017

Cargill Cereale, one of the companies US-held Cargill has in Romania, has sold its storage facilities in Teleorman County (southern Romania) to Romanian-owned Esperandza, ZF has found. more

04.21.2017

Local banks sold non-performing corporate loans at an average price of 9% of the nominal value of the loan, while the average price of retail loans was 12%, first deputy governor of Romania’s more

03.29.2017

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03.16.2017

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03.08.2017

Austria’s Strabag group, which owns the five-star JW Marriott Hotel in Bucharest, is not interested to sell it, but says the shareholders are willing to consider a potential bid. more