12.11.2015

BCR, BRD, Banca Transilvania, Raiffeisen and CEC Bank, some of the largest lenders in Romania whose websites show information about foreclosed homes, are looking for buyers for about 3,700 such more

10.20.2015

Romania's tax authority ANAF has started the foreclosure procedure on state-owned energy holding CE Oltenia to recover debts worth RON24.8 million to the state budget, ANAF said in a statement. more

06.26.2014

The five most expensive properties put up for sale by BCR, BRD, Banca Transilvania and Raiffeisen Bank on their websites have starting prices of almost EUR50 million. more

05.28.2014

The AutoMat gas station chain has been bought at auction by Braila-based Comision Trade for over EUR2 million, a much higher financial bid than offered by Azeri oil company SOCAR, sources on the oil more

04.03.2014

BRD is foreclosing on one of the largest hotels of Azuga, Cautis, and the starting price of the four-star unit stands at 12.8 million lei (EUR2.9 million). more

03.14.2013

Lender Volksbank Romania has recently filed a foreclosure lawsuit against politician Dan Diaconescu for a loan of over EUR2.3 million. more

12.06.2012

Romanian lender Banca Comerciala Romana (BCR) has approved the suspension of foreclosure procedures targeting Bucharest shopping center Cocor, the owner of the mall said in a statement Thursday. more

11.20.2012

Romanian lender Banca Comerciala Romana (BCR) has recently failed to sell Bucharest shopping center Cocor, as no bidder was present at the auction. more

09.14.2012

Romanian banks and legal executors have adopted a more aggressive sale strategy in September and in some cases reduced the prices of foreclosed homes by up to 50%. more

08.07.2012

Liberty Center in capital Bucharest has been auctioned off Tuesday for EUR60 million and the buyer is firm Rosequeens Properties, owned by Rosequeens Properties Limited, registered in Cyprus. more

07.13.2012

Liberty Center, a shopping center in southern Bucharest, is being foreclosed and put up for sale through public tender, at a starting price of EUR60 million for unpaid debts to three banks. more

06.12.2012

Cocor Bucuresti (COCR.RO), owner of the eponymous shopping center in downtown Bucharest, might be foreclosed on by BCR, according to a report sent to the Bucharest Stock Exchange on Monday. more

04.20.2012

Raiffeisen Bank Romania has started to organize its offer of foreclosed homes, land, cars and other assets, and put it on a specialized website along with photos, maps and technical specifications. more

03.20.2012

The Bucharest court allowed an insolvency claim filed by a creditor against residential complex Laguna Residence, developed by Spanish GEA International Development. more

01.06.2012

Bankers and insolvency firms’ agenda for the coming month includes auctions for foreclosed properties appraised at EUR36 million, reveals a ZF survey of the ads published by the top ten banks on the more

10.07.2011

After the wave of foreclosures and real estate development bankruptcies in the last two years, local banks have come to hold office buildings, apartments and plots valued at nearly EUR1 billion in more

10.05.2011

Romanian banks are having an increasingly hard time unloading properties at foreclosure auctions and they need to come up with a plan to avoid further defaults from their clients, the head of Romanian more

07.28.2011

Almost 2,200 homes and plots of land, as well as retail space and factories, are currently for sale on the websites of the largest local banks. The number of ads is more than double compared with the more

07.08.2011

A court-appointed executor will sell assets of Romanian bread maker Spicul, including a plant and a warehouse, at a starting price of 39.7 million lei (EUR9.5 million) next week, according to Remco more