12.15.2011

Greece’s ATEbank will launch an open public tender to sell its 93.27% stake in ATEbank Romania, as part of a wider restructuring program, the Greek lender said in a statement Thursday. more

12.01.2011

Businessman Radu Enache, owner of the Continental hotel chain, sold the Ibis Hotel in Sibiu evaluated at EUR10 million in a sale&lease back deal, company officials say. The contract was signed with more

11.25.2011

Investors interested in buying Uzina Electrica Zalau, sold by city hall at a starting price of EUR10.6 million, can file bids by January 5, and bids will be opened on January 12. more

11.14.2011

The public offer whereby the Romanian Economy Ministry wants to sell 15% in national power grid operator Transelectrica (TEL.RO) will most likely be launched in spring next year, one of the brokers more

11.14.2011

Romania’s Economy Ministry on Monday signed a contract with the consortium set to broker the sale of a 15% stake in power grid operator Transelectrica (TEL.RO). more

11.11.2011

Romania's Government wants to get 706 million lei (EUR164 million) next year from the sale of state-owned buildings managed by RA-APPS, compared with the RON1.8 million it estimates it will earn this more

11.10.2011

Tens of hotels built in Romania over the past 10-12 years, mainly by people who don’t usually invest in tourism, and which are not efficient, are now put on sale for very high sums, says Radu more

11.07.2011

Consultants and appraisers believe the EUR17.3 million price that the shopping center City Mall in Bucharest will be sold for is a reference for the discount banks will have to take in order to sell more

10.12.2011

Hungary’s Abo Group, a top-ten company on the Romanian milling and bakery market, has put its business up for sale, as well as the tens of millions of euros in assets it holds in Romania. more

10.06.2011

Romania's Tourism Ministry has sold the "Mamaia" five-star hotel complex in Mamaia to Silviu Iordache, a natural person from Bucharest, for EUR2.48 million. more

10.04.2011

Greek ATEbank on Tuesday said it will hire financial advisors to sell the majority stake in ATEbank Romania, under a restructuring plan set up in May this year. more

10.03.2011

The average asking price for apartments in Romania rose 1.6% on the month in September, but it still is 5.1% lower on the year, real estate website www.imobiliare.ro said Monday. more

09.29.2011

Nokia Corporation chief executive officer Stephen Elop on Thursday said the company will seek out buyers for the Jucu plant, which it plans to shut down. more

09.22.2011

Romanian chemicals maker Chimopar Bucuresti (CPR.RO) on Thursday said it will sell a 35-hectare plot in Bucharest, for EUR18 million, to Cyprus-registered Maveco Holdings Limited. more

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