09.12.2013

Canadian businessman Michael Topolinski has acquired bankrupt pump maker Aversa in Bucharest and was assisted in the transaction by law firm Biris Goran. more

09.10.2013

The volume of farmland transactions in Romania will increase next year not as a consequence of liberalizing the land market but as a result of this segment’s development, Radu Ionescu, managing more

08.28.2013

The number of real estate transactions in Romania increased about 20% on the year to 462,743 in the first seven months of 2013, while the number of new mortgages registered with national cadastre more

07.23.2013

Romanian bread and bakery producer Pambac Bacau SA has borrowed around 40 million lei (a little over EUR9 million) from Banca Transilvania to expand its store network and upgrade production units. more

07.22.2013

Online card payment processor Netopia mobilPay, also the largest player on the Romanian mobile phone micropayment market, processed over 1 million online transactions through the mobilPay platform in more

07.18.2013

The number of real estate transactions in Romania increased 20% on the year to 323,419 in the first five months of 2013, while the number of new mortgages registered with national cadastre agency more

06.03.2013

British group Kingfisher, with annual turnover of around EUR12 billion, has the green light to enter the Romanian DIY market after closing on the acquisition of the 15-unit Bricostore chain on Friday, more

04.30.2013

Romanian lender UniCredit Tiriac Bank and sister company UniCredit Consumer Financing Tuesday have reached an agreement to acquire the retail and private banking business of Royal Bank of Scotland’s more

04.26.2013

Citigroup Inc. financial services corporation has reached an agreement to acquire ING’s custody and securities services business in seven Central and Eastern European markets, including Romania, more

04.03.2013

Real estate transactions in Romania amounted to EUR102 million in the first quarter of 2013, slightly up from EUR99 million in the same interval a year ago, but the country lags way behind other more

03.12.2013

Romanian law firm Reff & Asociatii assisted clients in transactions worth a total of EUR1.3 billion in 2012, up 30% on the year. more

03.11.2013

Romanian telecom operator RCS&RDS sold satellite television operator Digi TV Croatia to Croatian Vipnet, part of Telekom Austria. more

03.08.2013

Almost 5% stake in Romanian regional investment fund SIF Moldova (SIF2.RO) was traded on the Bucharest stock exchange for 39.5 million lei (EUR9 million), on the last day investors could buy shares to more

02.01.2013

South-African investment fund New Europe Property Investment (NEP.RO) could buy one of the leading business centers in Bucharest in a deal estimated at around EUR70 million. more

01.16.2013

Romanian chemical fertilizer wholesaler Comfert and grain trader Popasul Trebes have completed the acquisition of bread and bakery producer Pambac SA, one of the country’s top companies in the more

01.09.2013

The value of real estate transactions in Romania stood at about EUR340 million last year, slightly up from EUR320 million in 2011, according to Mediafax calculations. more

01.08.2013

Dutch investment fund Palmer Capital Emerging Europe Equity, former MEI Roemenie&Bulgarije Fonds, sold its remaining stake of 7.5% in Romanian brick maker Cemacon (CEON.RO) on the Bucharest stock more

11.01.2012

Baneasa Investments, a company controlled by businessmen Gabriel Popoviciu and Radu Dimofte, is about to finalize the sale of a 1.5 hectare plot to Sweden’s Skanska for EUR10 million, in one of the more

10.18.2012

Land prices in Bucharest have stagnated over the past two years, while the main factor that affected transactions was not the price but the economic and political instability, as well as the movements more

10.03.2012

The transaction whereby Polish group Selena took over entirely Romanian construction materials producer Euro MGA Product amounts to 13 million lei (nearly EUR3 million), Dorin Spataru, administrator more

10.02.2012

Four stakes representing 0.97% in Romanian investment fund Fondul Proprietatea (FP.RO) were traded Tuesday on the Bucharest Stock Exchange in only 8 minutes, for 70 million lei (some EUR15.5 million). more

09.20.2012

A stake of 1.27% in Romanian investment fund Fondul Proprietatea (FP.RO) was traded Thursday on the Bucharest Stock Exchange in a deal transaction of 94.6 million lei (some EUR21 million). more

09.17.2012

The Bucharest stock exchange suspended transactions with shares of state-owned chemical company Oltchim Ramnicu-Valcea (OLT.RO), a minute before the deadline to submit offers for the privatization of more

09.17.2012

Pharmaceutical giant Alliance Boots could enter the Romanian market directly after testing the waters for a long time, through the acquisition of a pharmacy network. more

08.30.2012

The decline of credit sales and implicitly of interest rate income are forcing banks to identify new sources of income, which led to the emergence of fees that are difficult to justify, such as more