09.19.2011

The operations Millennium BCP runs in Poland, Greece and Romania, will from now on be considered by the group as non core, i.e. will be treated as assets no longer essential for the business and could more

09.08.2011

Austria’s Volksbank AG is planning to sell its Romanian subsidiary, but not before the bank is repositioned over the course of the next two to three years, the mother company said in a statement more

09.06.2011

Transilvania Insolvency House, the designated liquidator of Bucharest shopping center City Mall, is confident it will find a buyer for the troubled company by year-end, after several investors have more

08.24.2011

Romanian plane parts maker Turbomecanica Bucuresti (TBM.RO) on Wednesday said it plans to sell buildings and plots in Bucharest District 6, for a 50 million lei (EUR11.7 million) minimum, within a more

08.10.2011

A stake of 9.2% in oil transporter Conpet Ploiesti (COTE.RO) was traded on the Rasdaq deal market in Bucharest for 27.11 million lei (EUR6.3 million). more

08.03.2011

Belgian brokerage house KBC Securities has sold its Romanian subsidiary to the firm’s general manager Sorin Apostol and equity market manager Bogdan Juravle. more

07.21.2011

The number of hotels and bed and breakfasts put up for sale on the Romanian Black Sea coast and mountain areas declined 70% in the first half of the year compared to January, with prices varying from more

07.21.2011

The creditors of bankrupt Bucharest shopping center City Mall approved the start of direct negotiations for the mall’s sale, evaluated at some EUR21 million, Thursday said the unit’s liquidator more

07.14.2011

The Transport Ministry will sell 20% of its stake in freight rail company CFR Marfa by year-end and the proceedings will be transferred to the state budget in 2012, according to a draft government more

07.01.2011

Aluminum smelter Alro Slatina (ALR.RO) Friday confirmed Dutch-based Vimetco, majority holder in the company, will delay a planned secondary public offering for a 21% stake due to unfavorable market more

06.30.2011

Netherlands-based Vimetco is likely to delay until fall the sale of a 21% stake in aluminum smelter Alro (ALR.RO), due to unfavorable conditions on international markets, people familiar with the more

06.29.2011

Bankrupt Bucharest shopping center City Mall failed to draw bidders in the fifth auction, set for June 30, thus the liquidator, Casa de Insolventa Transilvania, will sell the unit through direct more

06.28.2011

The Economy Ministry wants to simplify legislation on the sale of greenhouse gas certificates, or AAUs, through which it plans to collect EUR1.2 billion, some two times less than initially more

06.09.2011

The sale electronics and home appliances retailer Domo has entered the finishing straight, as bids need to be submitted by July 15, according to Lorand Szarvadi, founder and minority shareholder in more

06.08.2011

The Policolor-Orgachim group plans to sell a 13.8-hectare plot in Bucharest, according to Colliers International which will broker the deal. more

05.31.2011

Romania's car tax, in its future form, will be paid by the buyer upon the first sale of any car for which the tax has not already been paid, said an Environment Ministry press release on Tuesday, more

05.30.2011

Bankrupt shopping center City Mall Bucharest will be put on sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 million. more

05.18.2011

Netherlands-based Vimetco and Romania’s Conef SA want to sell up to 20.96% of their 87.96% stake in aluminum smelter Alro Slatina, in a deal estimated at 575.9 million lei (EUR138.9 million). more

05.13.2011

The four-star Tulip Inn Sunny Hill hotel in Romanian city Cluj-Napoca was put on sale for EUR6.5 million, plus VAT, unit owner Eugen Tusa told MEDIAFAX. more

05.09.2011

Romanian authorities might be able to sell public housing for a price determined by an expert evaluator, closer to the home's regular market price, as per a Government-sponsored bill changing the way more

04.27.2011

Romania’s Finance Ministry plans to issue a three-year foreign currency bond issue on the local market next week, the sixth such debt sale in the last two years, people familiar with the matter said more

04.27.2011

Israeli investors put on sale a building near Bucharest’s Gara de Nord train station for EUR2.7 million, property broker M.T. Investment said Wednesday. more

04.27.2011

Bankrupt shopping center City Mall, in Bucharest, will be put on sale for the third time on May 16, at EUR26.2 million, after two previous failed attempts, Wednesday said Radu Lotrean, partner with more

04.27.2011

Romanian rolling stock maker Remarul 16 Februarie Cluj-Napoca (REFE.RO) plans to sell up to 35% of its assets this year, including train cars and locomotives. more

04.26.2011

The Romanian government intends to sell copper mining company Cupru Min Abrud on the Bucharest bourse in the second half of this year, according to an official reform plan obtained by MEDIAFAX. more