05.13.2014

Insolvent Silver Mountain residential project in the central county of Brasov, developed by INR Management Real Estate, was put up for sale by the judicial administrator for EUR45.5 million, in a more

05.02.2014

OMV Petrom (SNP.RO), the largest oil and natural gas producer in Romania, is selling about 70 pieces of property, such as land, apartments, corporate buildings, a sports center and a public swimming more

04.28.2014

Creditors of insolvent Romanian wine producer Vinarte approved Friday the sale of the assets, wine stocks and brands to China-based Red Gate, for EUR3.6 million, judicial liquidator RVA Insolvency more

04.24.2014

Romania’s Finance Ministry sold debt worth 1.3 billion lei (EUR290 million) at two auctions Thursday, in line with its initial target. more

04.23.2014

China-based Red Gate offered to pay EUR3.63 million for the assets, wine stocks and brands of insolvent Romanian wine producer Vinarte, which were put up for sale at an asking price of EUR3.5 million, more

04.17.2014

Romanian authorities will put up for sale the state residence of the late communist dictator Nicolae Ceausescu, citing its infrequent utilization to host official delegations and high maintenance more

04.08.2014

Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) sold real estate assets in of around EUR10 million in March, including a EUR1 million penthouse in the Alia Apartments more

04.07.2014

The former Pic hypermarket in Pitesti has been sold to Romanian investors, liquidator PricewaterhouseCoopers Business Recovery Services announced Monday. more

04.07.2014

Romgaz Medias (SNG.RO), the largest natural gas producer in Romania, is in talks with a US company to sell 50% of its stake in two oil blocks in Poland. more

04.03.2014

Austria’s Volksbank AG has booked provisions of EUR62 million for anticipated losses on the planned sale of its Romanian subsidiary, the Austrian lender said in a report Thursday. more

03.24.2014

The former PIC hypermarkets in Craiova, Calarasi and Braila, as well as a plot of land in Blejoi, Prahova county, will be put up for sale again on April 25, by judicial administrator more

03.11.2014

Romania’s most famous IT entrepreneur, Radu Georgescu, is now at his fourth exit, after having built companies acquired by Microsoft, Naspers and US-based private equity firm Francisco Partners. more

03.05.2014

Romanian government will get EUR350 million at best for its 46% stake in Romtelecom that it put up for sale last year, deputy Mircea Cazan, member of the IT&C Committee of the Chamber of Deputies, more

02.28.2014

Italian group Pirelli has reached an agreement to sell steelcord activity, which includes factories in Italy, Turkey, Romania, China and Brazil, to Belgian steelcord manufacturer Bekaert for EUR225 more

02.28.2014

French-held insurer AXA, which decided to pull out from Romania at the end of last year, booked a EUR26 million loss on the sale of its local life insurance operations, its annual report reveals. It more

02.26.2014

Romania plans to obtain over EUR400 million from selling 51% in state-owned electricity distributor and supplier Electrica, but the price also depends on market conditions, Gabriel Dumitrascu, head of more

02.11.2014

German do-it-yourself retail chain Praktiker is seeking buyers for its Romanian operations, which include 27 stores with sales of EUR142 million in 2012. more

02.04.2014

Several hotels in Bucharest put up for sale in 2008-2011 have not found a buyer so far, even though some owners have cut prices in a “lifeless” market that has not drawn the attention of any new more

01.29.2014

Cargill Oils, part of U.S. Cargill group, will put up for sale the land and constructions that housed its vegetable oil factory in Podari, in the southern Romanian county of Dolj. more

01.29.2014

Romanian insolvent chemical company Oltchim SA (OLT.RO) has extended by two months until March 28 the deadline by which potential buyers can file bids to purchase the company’s assets. more

01.16.2014

The former PIC hypermarket in Oradea, western Romania, has been sold to Western Logistics SRL, part of Malta's Alf. Mizzi & Sons Ltd, which will reconvert it into a logistic center, more

01.13.2014

Sanoma Digital has sold magazinuldecase.ro, Romania's second largest online real estate portal and the first online service with ads directly from owners, to Adina Vasilescu, former digital publisher more

01.10.2014

Bankrupt shopping center Armonia Mall in Braila, eastern Romania, expects potential investors to submit bids starting this month, said Andreea Cionca-Anghelof, managing partner with Casa de Insolventa more

01.07.2014

Honeywell is selling its Friction Materials business unit to U.S. Group Federal-Mogul for $155 million, a deal that includes a brake pad factory Honeywell opened last year in Ploiesti, Romania. more

01.03.2014

Hungarian lender MKB, part of German group BayernLB, sold its Romanian subsidiary Nextebank to Emerging Europe Accession Fund (EEAF) for an undisclosed amount and the deal is pending clearance from more