07.03.2014

Private labels have conquered 10% of the overall fast moving consumer goods market and almost 20% of the food market, so one in five lei Romanian consumers spent on food in the first quarter went to more

06.26.2014

Romanian insolvent hydropower generator Hidroelectrica on Thursday said it plans to sell 27 micro power plants in September, in an open outcry auction. more

06.26.2014

The five most expensive properties put up for sale by BCR, BRD, Banca Transilvania and Raiffeisen Bank on their websites have starting prices of almost EUR50 million. more

06.18.2014

Bucharest Stock Exchange is flooded by the biggest share offering in its history, worth 3 billion lei (EUR700 million), in the energy system’s crown jewels Romgaz (SNG.RO) and Electrica (EL.RO). more

06.12.2014

Adrian Porumboiu, the owner of Racova, one of the largest farming groups of Romania, is in advanced talks to sell his vegetable oil plant in Vaslui County (NE Romania). more

06.12.2014

The RCS&RDS group is in talks with Lama Group, an energy and communications business of Czech businessman Petr Lamich, to sell its direct-to-home TV operations in the Czech Republic, communications more

05.27.2014

Gheorghe Ciubotaru, the Romanian businessman who owns the Botosani-based Electroalfa group operating in the energy industry, is considering selling a stake to a strategic or financial investor or even more

05.26.2014

Lender BCR bought Brasov-based insolvent residential project Silver Mountain, developed by INR Management Real Estate, for EUR49.7 million, judicial administrator Euro Insol said in a statement. more

05.25.2014

Austrian group CA Immo sold an 8,200 square meters plot of land in Bucharest, where it had previously planned to build an office building, to investor Ionut Dumitrescu, founder of real estate more

05.19.2014

Investment fund Equest Balkan Properties (EBP) is close to completing the sale of shopping center Vitantis Shopping Center to Revetas Capital specialized in the acquisition of "distressed" real estate more

05.13.2014

Insolvent Silver Mountain residential project in the central county of Brasov, developed by INR Management Real Estate, was put up for sale by the judicial administrator for EUR45.5 million, in a more

05.02.2014

OMV Petrom (SNP.RO), the largest oil and natural gas producer in Romania, is selling about 70 pieces of property, such as land, apartments, corporate buildings, a sports center and a public swimming more

04.28.2014

Creditors of insolvent Romanian wine producer Vinarte approved Friday the sale of the assets, wine stocks and brands to China-based Red Gate, for EUR3.6 million, judicial liquidator RVA Insolvency more

04.24.2014

Romania’s Finance Ministry sold debt worth 1.3 billion lei (EUR290 million) at two auctions Thursday, in line with its initial target. more

04.23.2014

China-based Red Gate offered to pay EUR3.63 million for the assets, wine stocks and brands of insolvent Romanian wine producer Vinarte, which were put up for sale at an asking price of EUR3.5 million, more

04.17.2014

Romanian authorities will put up for sale the state residence of the late communist dictator Nicolae Ceausescu, citing its infrequent utilization to host official delegations and high maintenance more

04.08.2014

Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) sold real estate assets in of around EUR10 million in March, including a EUR1 million penthouse in the Alia Apartments more

04.07.2014

The former Pic hypermarket in Pitesti has been sold to Romanian investors, liquidator PricewaterhouseCoopers Business Recovery Services announced Monday. more

04.07.2014

Romgaz Medias (SNG.RO), the largest natural gas producer in Romania, is in talks with a US company to sell 50% of its stake in two oil blocks in Poland. more

04.03.2014

Austria’s Volksbank AG has booked provisions of EUR62 million for anticipated losses on the planned sale of its Romanian subsidiary, the Austrian lender said in a report Thursday. more

03.24.2014

The former PIC hypermarkets in Craiova, Calarasi and Braila, as well as a plot of land in Blejoi, Prahova county, will be put up for sale again on April 25, by judicial administrator more

03.11.2014

Romania’s most famous IT entrepreneur, Radu Georgescu, is now at his fourth exit, after having built companies acquired by Microsoft, Naspers and US-based private equity firm Francisco Partners. more

03.05.2014

Romanian government will get EUR350 million at best for its 46% stake in Romtelecom that it put up for sale last year, deputy Mircea Cazan, member of the IT&C Committee of the Chamber of Deputies, more

02.28.2014

Italian group Pirelli has reached an agreement to sell steelcord activity, which includes factories in Italy, Turkey, Romania, China and Brazil, to Belgian steelcord manufacturer Bekaert for EUR225 more

02.28.2014

French-held insurer AXA, which decided to pull out from Romania at the end of last year, booked a EUR26 million loss on the sale of its local life insurance operations, its annual report reveals. It more