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

02.26.2014

Romania plans to obtain over EUR400 million from selling 51% in state-owned electricity distributor and supplier Electrica, but the price also depends on market conditions, Gabriel Dumitrascu, head of more

02.11.2014

German do-it-yourself retail chain Praktiker is seeking buyers for its Romanian operations, which include 27 stores with sales of EUR142 million in 2012. more

02.04.2014

Several hotels in Bucharest put up for sale in 2008-2011 have not found a buyer so far, even though some owners have cut prices in a “lifeless” market that has not drawn the attention of any new more

01.29.2014

Cargill Oils, part of U.S. Cargill group, will put up for sale the land and constructions that housed its vegetable oil factory in Podari, in the southern Romanian county of Dolj. more

01.29.2014

Romanian insolvent chemical company Oltchim SA (OLT.RO) has extended by two months until March 28 the deadline by which potential buyers can file bids to purchase the company’s assets. more

01.16.2014

The former PIC hypermarket in Oradea, western Romania, has been sold to Western Logistics SRL, part of Malta's Alf. Mizzi & Sons Ltd, which will reconvert it into a logistic center, more

01.13.2014

Sanoma Digital has sold magazinuldecase.ro, Romania's second largest online real estate portal and the first online service with ads directly from owners, to Adina Vasilescu, former digital publisher more

01.10.2014

Bankrupt shopping center Armonia Mall in Braila, eastern Romania, expects potential investors to submit bids starting this month, said Andreea Cionca-Anghelof, managing partner with Casa de Insolventa more

01.07.2014

Honeywell is selling its Friction Materials business unit to U.S. Group Federal-Mogul for $155 million, a deal that includes a brake pad factory Honeywell opened last year in Ploiesti, Romania. more

01.03.2014

Hungarian lender MKB, part of German group BayernLB, sold its Romanian subsidiary Nextebank to Emerging Europe Accession Fund (EEAF) for an undisclosed amount and the deal is pending clearance from more

12.20.2013

A consortium led by Swiss Capital – the largest brokerage on the Romanian market – will be the state’s consultant in the sale of the 46% stake in major telecom operator Romtelecom, according to more

12.13.2013

Romanian copper producer Cupru Min Abrud’s sale of copper concentrate to interested companies Trafigura (Singapore) and Yildirim (Turkey) has failed as these did not submit binding bids. more

11.26.2013

Four-star hotel Pullman Bucharest (former Sofitel) will be put up for sale in January for EUR20 million to cover a part of the debts registered by its owner, insolvent World Trade Center Bucharest more

11.21.2013

Two consortia submitted bids Thursday to advise Romania’s Communications Ministry on the sale of its minority stake in telecom operator Romtelecom, people close to the matter told Mediafax. more

11.20.2013

Publishing house Polsib in Sibiu (POLS.RO) is selling a 30,000 square-meter land in Sibiu for EUR5.73 million, net of VAT, to construction company Con-A, which plans to use it for a Kaufland more

11.14.2013

The European Bank for Reconstruction and Development on Thursday said it has sold its remaining stake of 1.6% in Romania’s largest oil company OMV Petrom (SNP.RO) for 385.6 million lei (EUR86.6 more

11.13.2013

Israeli-owned real estate developer Globe Trade Center (GTC), which developed a network of four shopping centers in Romania under the Galleria brand, sold its mall in the northeastern city of Suceava more

11.05.2013

Companies interested in advising Romania’s Communications Ministry on the sale of its minority stake in telecom operator Romtelecom have until November 21 to submit offers. more

11.04.2013

The privatization of Romanian freight railway carrier CFR Marfa will be completed at the middle of 2015, one year later than initially set by the Government, after the company undergoes a more

10.23.2013

Sales reported by housing developers in Romania over the past months point to a slight increase in the local residential market. more