09.22.2014

Financial leasing companies repossessed about 1,000 cars and 270 pieces of equipment from customers that stopped their monthly payments in the first half of the year. They also sold almost 1,800 more

09.21.2014

French insurance group AXA has terminated a contract under which it was to sell its Romanian business AXA Life Insurance Romania to local insurer Astra Asigurari and is looking at other strategic more

09.17.2014

Sales of heavy trucks of over 18 tons used mainly for international shipments rose by more than 34%, to over 2,600 new units, in the first seven months of the year, according to the Romanian more

09.16.2014

Fondul Proprietatea (FP.RO) has chosen US’ Goldman Sachs and Austria’s Erste Bank to help it find buyers for a significant OMV Petrom (SNP.RO) stake, market sources say. more

09.16.2014

Romania’s energy minister Razvan Nicolescu will discuss Wednesday in Rome with the management of Enel the sale of the Italian group’s Romanian units. more

09.16.2014

Electrica (EL.RO), the largest electricity distribution and supply company in Romania, which is 48.7% state-owned, is officially looking for a consultant for its bid for some of its former branches more

09.12.2014

Electroputere VFU Pascani (RMAR.RO), part of Grampet group, owned by businessman Gruia Stoica, is selling 20 passenger train cars to Belgium company Daxi for EUR2 million. more

09.05.2014

Euro Insol, the judicial liquidator of bankrupt developer MLP Bucharest Sud, has sold the logistical park MLP Bucharest Sud, in Popesti-Leordeni, near Bucharest, to AGI-RRE Hera, for RON62.5 million more

08.28.2014

Romanian energy minister Razvan Nicolescu told Enel representatives in a meeting Thursday that several Romanian companies are interested in buying some of the Italian group’s operations in the more

08.27.2014

Musat & Asociatii-Restructuring & Isolvency, the liquidator of state-owned energy company Termoelectrica, has not received any bids for the Borzesti thermal power plant it planned to sell at an outcry more

08.20.2014

China’s State Grid Corporation, the world’s largest electricity distribution company, is interested in buying the electricity business Italy’s Enel has for sale in Romania. more

08.14.2014

Swedish-held Skanska group, the developer of the Green Court office building complex in Barbu Vacarescu area in northern Bucharest, has started talks with investors for a potential sale of the first more

08.12.2014

The administrators of Romanian insolvent chemical company Oltchim SA (OLT.RO) plan to resume the auction for the sale of the company’s assets. more

08.11.2014

Sales of pharmaceutical drugs returned to growth in the second quarter of the year, reaching 3 billion lei (almost EUR680 million), according to market research company Cegedim Romania. more

08.08.2014

Equest Balkan Properties (EBP) has sold its Vitantis Shopping Center in Bucharest to Revetas Capital, which specializes in the takeover of projects in financial difficulty, in a deal that entailed the more

08.07.2014

Austria's Volksbank group has put up for sale a portfolio of commercial real estate assets and non-performing corporate loans with a nominal value of EUR460 million, more than one quarter of which more

08.06.2014

The brokers that handled the biggest transactions on the Bucharest Stock Exchange this year made almost 90 million lei (about EUR20 million) in fees, ZF has calculated. The money went to Swiss more

08.05.2014

Romanian drilling company Dafora Medias (DAFR.RO) Tuesday said it plans to sell assets worth 29.8 million lei (EUR6.7 million) that are not related to its core business. more

08.04.2014

Romanian building materials maker Prefab Bucuresti (PREH.RO), owned by businessman Marian Petre Milut, plans to sell several assets, including a 12-room villa in the seaside resort Jupiter and a more

07.29.2014

Portugal’s largest listed bank Millennium bcp has booked a provision of EUR34 million for anticipated losses on the planned sale of its Romanian subsidiary, the bank said in its financial report more

07.28.2014

Registrations of new premium and luxury cars increased by just 6% in the first half of the year, according to the Driver License and Vehicle Registration Department (DRPCIV), to a little more than more

07.25.2014

French executive François Pétry, who took the reins of the Romanian operations of Swiss construction materials group Holcim in February, says the assets put up for sale in various countries amid more

07.22.2014

The assets that the construction materials groups Lafarge and Holcim want to sell internationally to be able to merge have drawn the interest of 100 potential buyers and some of them want to acquire more

07.10.2014

Fondul Proprietatea (FP.RO) is getting ready to sell its shares in oil transmission company Conpet Ploiesti (COTE.RO) worth 125 million lei (EUR28 million), market sources say, following the sale of more

07.09.2014

The owners of food supplement and cosmetics company Hofigal Bucharest want to sell a 35.5% in the company for EUR5 million. more