07.29.2015

Flanco, the second leading computer and electronics retailer in Romania by revenue, will begin selling its first private label products in August. more

07.21.2015

The bid on Romania’s Energy Ministry selling a 26.69% minority stake in oil company Rompetrol Rafinare, which manages the Petromidia Refinery on the Black Sea coast, may take place in the first half more

07.15.2015

The Romanian banking sector may strengthen furthermore, continuing the positive trend in 2014 and early 2015, while the four branches of the Greek-based banks may be put up for sale as part of the more

07.08.2015

Molten steel producer Otelu Rosu, under the patrimony of Russia’s Invest Nikarom, will be put up for sale for EUR41.8 million, VAT excluded. more

06.18.2015

Regional investment fund SIF Oltenia (SIF5.RO) plans to sell its 85% stake in vegetable oil producer Argus Constanta (UARG.RO) to a strategic investor in the same industry. more

06.15.2015

The sale of the shopping centers in Romania is not a priority until 2018, but “everything has its price,” says Carlo Barban, the executive in charge of the Winmarkt shopping center business in more

06.11.2015

Romania’s Energy Ministry will sell 26.69% of Rompetrol Rafinare shares for at least $200 million and the company’s majority shareholder, KMG International, has pre-emption right to buy the stake. more

06.11.2015

CEC Bank, the only top ten bank still state-owned, sold almost 200 million lei (EUR45 million) worth of non-performing loans to debt collector Kruk at the end of last year, market sources say. The two more

06.03.2015

Individual investors can subscribe between 8 and 19 of June at Romania’s first government bond sale to the public since 2005, and the final allocation will be announced on June 25, a finance more

05.19.2015

Private equity fund Advent International is expecting non-binding offers for the majority stake in private medical service provider Regina Maria, the only business it has left in Romania. more

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