10.06.2013

Bids from companies interested in advising Romania’s Communications Ministry on the sale of its minority stake in telecom operator Romtelecom will be opened on November 7, the ministry said Sunday. more

10.03.2013

Grup Feroviar Roman (GFR), which has won an auction to buy a 51% stake in Romanian state-owned railway freight carrier CFR Marfa, Thursday transferred 90.4 million lei (about EUR20 million) in an more

10.03.2013

Romania has lost about 10% of its fuel demand in five years of crisis (2008-2012), one of the most serious declines in Europe out of nine members countries analyzed by ZF based on Euromonitor, CBRE more

09.27.2013

Insolvent residential project Citadella Titan in Bucharest could be put up for sale for EUR6.85 million, according to the reorganization plan approved by creditors. more

09.06.2013

Turkish chrome producer Yildirim Holding Inc. and Dutch commodities trader Trafigura have been pre-qualified to submit tenders for purchasing up to 331,890 tons of copper concentrate from Romanian more

09.06.2013

The start of sales of Dacia’s new Duster SUV on the local market is the most anticipated event by Dacia dealers in the second half of this year. more

09.02.2013

Turkish chrome producer Yildirim Holding Inc., Dutch commodities trader Trafigura and Switzerland’s Glencore have filed pre-qualification bids to purchase up to 331,890 tons of copper concentrate more

09.02.2013

Portugal’s lender BCP Monday said it has received formal approval from the European Commission regarding its restructuring plan that includes the future sale of its Romanian unit Millennium Bank. more

08.29.2013

Construction firm HoneyWood, which entered Romania this spring, hopes to sell locally 30 to 50 eco-homes made of wood annually in the following four years. more

08.26.2013

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Monday said it would put up for sale a 3.3-hectare land in Bucharest’s sixth district, after it managed to complete the process of more

08.21.2013

Millennium BCP, Portugal’s largest listed bank, will sell Millennium Bank Romania and will exit the local market, people familiar with the matter told Mediafax Wednesday. more

08.21.2013

Audit and consultancy firm KPMG is involved in a transaction to sell a portfolio of non-performing loans with a nominal value of over EUR100 million, Serban Toader, Senior Partner of KPMG Romania, more

08.07.2013

Romania's state property authority RA-APPS has started direct negotiation procedures for the sale of property in its portfolio, at prices 30% lower than asked at auctions it held this year despite more

08.05.2013

Romanian mobile subscribers spend an average of 200 lei (EUR45) on smartphones and prefer devices using Android operating systems, according to EuroGsm data, one of the largest retailers in the local more

07.30.2013

Creditors of Bankrupt shopping center Armonia Mall in Braila, eastern Romania, have lowered the mall’s sale price by another 30%, to EUR10 million, net of VAT, and expect bids by August 20. more

07.23.2013

Nutrition and weight management company Herbalife opened its second sale center in Romania, located in the central city of Brasov. more

07.18.2013

Romanian investment fund BT Invest1, a unit of financial and banking group Banca Transilvania (TLV.RO), plans to sell a stake of 2.5% in peer fund SIF Moldova (SIF2.RO), the bookrunner on the deal more

07.18.2013

Romanian natural gas supplier Congaz Constanta might be put up for sale at a starting price of EUR45 million, people familiar with the matter told Mediafax. more

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