07.17.2013

Romanian state property authority RA-APPS third attempt to auction off real estate in its portfolio has failed and may now proceed to sell properties by direct negotiation. more

07.09.2013

Romanian businessmen Emil and Marius Cristescu, owners of group Bega, want to sell several plots of land in Timisoara, with an area exceeding 20 hectares, and the buildings located on them. more

07.03.2013

U.S. agri-food company Cargill Wednesday said it finalized the sale of its crushing, refining and bottling equipment of its plant in Podari (southern Romania) to oilseed processor Expur, part of more

07.02.2013

Romania’s Economy Minister Varujan Vosganian on Tuesday said the privatization process of state-owned copper producer CupruMin might also include a preliminary negotiation phase, arguing that things more

06.21.2013

Romanian UniCredit Tiriac Bank has raised 550 million lei (EUR121 million) at a five-year corporate bond sale ended Friday, the bookrunner on the deal said in a statement. more

06.21.2013

LUKERG Renew bought a 70 MW wind park in Galati, eastern Romania, from Denmark’s Vestas, for EUR109.2 million, and the deal is expected to be finalized in the next eight weeks. more

06.19.2013

Romanian lender UniCredit Tiriac Bank has set a coupon of 6.35% on its five-year bond issue launched June 14. more

06.13.2013

The chief executive of Marfin Bank Romania, a unit of Cyprus Popular Bank, Thursday said his institution will likely change ownership in two to three months, in a transaction estimated at about more

06.12.2013

Romanian insolvent state-owned hydropower producer Hidroelectrica will organize an international auction early July to sell 25 micro-hydro facilities at a starting price of 73.6 million lei (EUR16.6 more

06.05.2013

The prices of office buildings put up for sale in Bucharest range between EUR1,100 per square meter and EUR3,800/sqm, while in other large cities across Romania they vary between EUR400/sqm and more

06.03.2013

The real estate project involving the Focsani Plaza shopping mall will be auctioned off again, through outcry bid, on Thursday, at a slightly lower starting price of EUR4.2 million, VAT not included. more

05.27.2013

Romanian businessman Octavian Radu, the founder of bookstore chain Diverta, said he is in talks with an investor to sell Diverta, but the “door is still open” for other offers. more

05.22.2013

The court-appointed administrator of insolvent Asmita Gardens, Bucharest’s largest residential compound, said Wednesday it sold 21 apartments in April for EUR2.5 million. more

05.21.2013

Romania’s tourism sector needs major investments because its accommodation capacity, from student camps to five-star hotels, is below 2% of the country’s population, hotel consultant Paul Marasoiu more

05.16.2013

Bankrupt shopping center Armonia Mall in Braila, eastern Romania has failed to attract a buyer despite a 30% cut in the asking price, to EUR15 million, and its creditors might have to lower the price more

05.14.2013

Romania’s privatization authority AAAS plans to sell its minority stakes in 81 companies this year, authority head Adrian Constantin Volintiru said Tuesday. more

05.14.2013

Romanian insolvent state-owned hydropower producer Hidroelectrica will put up for sales 88 of its 160 micro-hydro facilities starting June, the company said Tuesday. more

05.06.2013

Real estate developer RomReal, with Norwegian and british capital, plans to sell part of the 130 hectares of land it owns in several areas in Romania to ensure liquidity and has started breaking more

04.30.2013

Austrian Erste Group Bank AG (EBS.RO) Tuesday said it has completed the sale of its Ukrainian subsidiary to the owners of Fidobank, a group of companies ultimately controlled by Ukrainian banker more

04.24.2013

Romanian low-cost airliner Blue Air, up for sale, announced Wednesday it received bids and letters of intent from nine prospective investors, mostly foreign. more

04.19.2013

Romanian law firm Tuca Zbarcea & Asociatii has advised Greece’s Piraeus Bank on the EUR10.3 billion sale of its 93.27% stake in ATE Bank Romania, the law firm said in a statement Friday. more

04.18.2013

Greece’s Piraeus Bank has sold its 93.27% stake in ATE Bank Romania to local businessman Dorinel Umbrarescu for EUR10.3 million, the Greek lender said in a statement Thursday. more

04.18.2013

Businessman Dan Adamescu, Mirica Dumitrescu - owner of Romanian airline Medallion Air, which operates charter flights, an investor from Doha, a representative of an Italian-based airline and a law more

04.17.2013

Greece’s Piraeus Bank Wednesday sold the Romanian subsidiary of ATE Bank to local investors for about EUR10 million, people familiar with the matter told Mediafax. more

04.17.2013

Creditors of bankrupt shopping center Armonia Mall in Braila, eastern Romania, have taken 30% off their asking price and hope to sell it for EUR14.85 million after its previous price tag, of EUR25 more