05.15.2015

BCR has put up for sale the largest set of non-performing loans in Romania’s history, worth about EUR3.6 billion in lei equivalent, much higher than initially discussed. The move shows Romania’s more

04.22.2015

April 23 is the last day participation intentions and non-binding bids can be field for the acquisition of Crisana refinery, with around 10 companies being interested in taking over this asset located more

04.02.2015

BCR, the largest bank in Romania, is getting ready to sell non-performing loans of EUR1 billion to EUR1.5 billion, the highest amount so far, a move that is bound to draw a lot of attention. more

04.01.2015

Fondul Proprietatea (FP.RO) will make an announcement about its talks with electricity distribution group Electrica (EL.RO) to exit its subsidiaries by the end of this week, the fund’s manager Greg more

03.30.2015

U.S. giant McDonald’s, a symbol of American capitalism, has sold its Romanian business to a Russian entrepreneur who will thus take over the master franchise of the almost 70 restaurants with more

03.26.2015

Real estate developer GTC has sold the Galleria shopping center in Buzau, the first it built in Romania, to the Eurosting group, which plans to rebrand and reposition it on the market. more

03.26.2015

A hotel complex in seaside report Neptun-Olimp, a hotel in Arad (western Romania) and one in capital Bucharest are the most expensive tourist units put up for sale in Romania, according to real estate more

03.25.2015

U.S. real estate investment management firm Heitman has recently sold the Mercury Logistics Park project to what sources on the real estate market say would be Czech company CTP. more

03.18.2015

The transaction whereby private equity firm Value4Capital (V4C) will exit the shareholding structure of private medical services provider MedLife might be completed in July or August 2015, MedLife’s more

03.16.2015

New car registrations rose by 13% to more than 4,100 units in February on the year-ago month, offsetting the slight decline of January, according to the Driving License and Vehicle Registration more

03.16.2015

Czech Republic-based debt recovery specialist APS that bought a large chunk of the non-performing loan portfolio of Austria’s Volksbank’s subsidiary in Romania last summer has also become a more

03.13.2015

French telecommunications group Orange last year bought another 0.92% in the subsidiary in Romania from a minority owner, a deal that took its stake from 96.82% to 97.74%, according to its 2014 more

03.04.2015

SIF Moldova and Private Equity Grup Luxembourg want to sell their stakes in Agricola International, which totral over 17%, and other shareholders have preemption right and could make an offer, said more

02.26.2015

Spanish-held group Hercesa, which has invested around EUR150 million in Romania over the past decade to buy land, develop housing compound Vivenda and rebuild Cismigiu hotel, plans to resume more

02.25.2015

Romanian entrepreneur Dan Minulescu, who built Macromex group, sold ten of his companies to a group in Denmark and sealed a partnership with it for the distribution of La Strada ice-cream in northern more

02.24.2015

Creditors of Romanian insolvent chemical company Oltchim SA (OLT.RO) will discuss the reorganization plan in March, which includes the sale for EUR307 million, according to lawyer Gheorghe Piperea, more

02.24.2015

The Macromex group, the largest local frozen product distributor controlled by Romanian entrepreneur Dan Minulescu, has sold four of its companies to Denmark-based BPI and Westcon, according to data more

02.24.2015

Romania’s Information Society Ministry asked Telekom Romania Communications (the former Romtelecom), in which it holds a 46% stake, to halt the sale of assets such as real estate ones, until the more

02.20.2015

Regina Maria, a major player on Romania’s private healthcare market, is likely to change its owner this year in a deal likely to head toward nine figures in euros. more

02.19.2015

Oil refinery RAFO Onesti will be dismantled and sold as scrap metal after its majority shareholder, controlled by a Russian businessman, voted in favor of the proposition in the general shareholders' more

02.13.2015

Norwegian group Schibsted Media Group will sell the company that owns Romanian classifieds website www.tocmai.ro to Naspers (South Africa), in a deal that also includes its Portuguese subsidiary, more

02.12.2015

Investors may file binding bids for Enel's supply and distribution operations in Romania by the end of March, according to people close to the process. more

02.03.2015

Tablet sales rose by 40% in volume to 800,000 units last year but only by 2% in value to EUR90 million, due to the fierce price competition on the Romanian market. more

01.20.2015

The reorganization plan of Romanian insolvent chemical company Oltchim SA (OLT.RO) will stipulate the company’s sale to an eligible buyer, Oltchim said in a statement Tuesday. more

01.19.2015

Romania's state owned hydropower producer Hidroelectrica, undergoing insolvency, will hold an auction in February to sell 33 of its remaining 128 micro power plants, at a starting price of RON84.7 more