05.07.2012

Volksbank Austria will sell its 51% stake in the vehicle that controls Volksbank Romania “under the best terms and as soon as possible,” according to the set of conditions part of the group’s more

04.05.2012

Hungary’s MKB Bank Zrt Thursday signed an agreement with a consortium of investors backed by international asset management company PineBridge Investments to sell its 92.4% stake in Romanian more

03.26.2012

Bulgarian Ellatzite Med Ad was disqualified from the auction to buy Romanian copper mining firm Cupru Min, which leaves Australian OZ Minerals, Canadian Roman Copper Corp. and Dutch Dundee Holding to more

03.13.2012

The number of Romanian hotels and boarding houses up for sale at the seaside and in mountain areas rose 30% this year compared with the number registered last fall, with prices ranging from EUR11,000 more

03.07.2012

Franklin Templeton, the manager of Romanian investment fund Fondul Proprietatea (FP.RO), has selected U.S. Citigroup Global Markets Limited as exclusive broker of the sale of EUR527.6 million worth of more

03.06.2012

Investment fund Fondul Proprietatea (FP.RO) on Tuesday announced the appointment of Citigroup Global Markets Limited as intermediary in the sale of stocks in several unlisted power and gas more

02.20.2012

The shareholders of technological lines maker Uzuc (UZC.RO), part of the Serviciile Comerciale Romane group, owned by businessman Stefan Vuza, approved the sale of five plots in Ploiesti (60 km north more

02.01.2012

Poland-based investment fund Innova Capital plans to sell its 92% stake in Romanian bottled water wholesaler La Fantana sometime this year, market sources said Wednesday. more

01.09.2012

The three-star Moneasa hotel, in Western Romanian county Arad, was put on sale for EUR4.6 million, the unit’s owner, Nicoara Cret, told MEDIAFAX more

01.02.2012

About 25,000 apartments were put up for sale in Bucharest in 2011, up over 6% on the year, according to a report by realty portal anunturiparticulari.ro. more

12.21.2011

Beer producer Heineken, no. 2 on the Romanian market, could get at least EUR15 million from selling the 27,200 square-meter plot near the main train station in Bucharest, according to ZF estimates. more

12.15.2011

Greece’s ATEbank will launch an open public tender to sell its 93.27% stake in ATEbank Romania, as part of a wider restructuring program, the Greek lender said in a statement Thursday. more

12.01.2011

Businessman Radu Enache, owner of the Continental hotel chain, sold the Ibis Hotel in Sibiu evaluated at EUR10 million in a sale&lease back deal, company officials say. The contract was signed with more

11.25.2011

Investors interested in buying Uzina Electrica Zalau, sold by city hall at a starting price of EUR10.6 million, can file bids by January 5, and bids will be opened on January 12. more

11.14.2011

The public offer whereby the Romanian Economy Ministry wants to sell 15% in national power grid operator Transelectrica (TEL.RO) will most likely be launched in spring next year, one of the brokers more

11.14.2011

Romania’s Economy Ministry on Monday signed a contract with the consortium set to broker the sale of a 15% stake in power grid operator Transelectrica (TEL.RO). more

11.11.2011

Romania's Government wants to get 706 million lei (EUR164 million) next year from the sale of state-owned buildings managed by RA-APPS, compared with the RON1.8 million it estimates it will earn this more

11.10.2011

Tens of hotels built in Romania over the past 10-12 years, mainly by people who don’t usually invest in tourism, and which are not efficient, are now put on sale for very high sums, says Radu more

11.07.2011

Consultants and appraisers believe the EUR17.3 million price that the shopping center City Mall in Bucharest will be sold for is a reference for the discount banks will have to take in order to sell more

10.12.2011

Hungary’s Abo Group, a top-ten company on the Romanian milling and bakery market, has put its business up for sale, as well as the tens of millions of euros in assets it holds in Romania. more

10.06.2011

Romania's Tourism Ministry has sold the "Mamaia" five-star hotel complex in Mamaia to Silviu Iordache, a natural person from Bucharest, for EUR2.48 million. more

10.04.2011

Greek ATEbank on Tuesday said it will hire financial advisors to sell the majority stake in ATEbank Romania, under a restructuring plan set up in May this year. more

10.03.2011

The average asking price for apartments in Romania rose 1.6% on the month in September, but it still is 5.1% lower on the year, real estate website www.imobiliare.ro said Monday. more

09.29.2011

Nokia Corporation chief executive officer Stephen Elop on Thursday said the company will seek out buyers for the Jucu plant, which it plans to shut down. more

09.22.2011

Romanian chemicals maker Chimopar Bucuresti (CPR.RO) on Thursday said it will sell a 35-hectare plot in Bucharest, for EUR18 million, to Cyprus-registered Maveco Holdings Limited. more