01.20.2015

The reorganization plan of Romanian insolvent chemical company Oltchim SA (OLT.RO) will stipulate the company’s sale to an eligible buyer, Oltchim said in a statement Tuesday. more

01.19.2015

Romania's state owned hydropower producer Hidroelectrica, undergoing insolvency, will hold an auction in February to sell 33 of its remaining 128 micro power plants, at a starting price of RON84.7 more

01.14.2015

Three out of four car brands sold in Romania saw growth of new car registrations in 2014, the first year of growth of the local auto market after six years of decline. more

01.12.2015

Mega Image and Profi retail chains are in talks to buy some of the stores of Succes, the retail chain of Gorj (southern Romania) businessman Nicolae Sarcina, market sources say. more

12.23.2014

U.S. Weatherford group, an oil and gas industry equipment and service business, might sell one of its companies in Romania, Foserco Targu Ocna, which specializes in onshore drilling. more

12.18.2014

French insurance group Axa has sold its Romanian life insurance and savings operations to SAI Certinvest and SIF Transilvania, exiting the Romanian market. more

12.18.2014

Deutsche Bank has bought from BCR a new set of non-performing loans with a face value of EUR443 million for which it paid about EUR28 million, market sources said. BCR did not comment on the more

12.18.2014

Ursus Breweries, the largest local brewer, posted 708 million lei (EUR158 million) sales in the first half of this year, 4% lower than in the year-earlier period, according to publicly available data. more

12.15.2014

Electric car sales are expected to surge from several units to several dozen or even 100 in Romania in 2015, as Volkswagen enters the segment. more

12.02.2014

Israeli Plaza Centers, developer of the Casa Radio project in Bucharest, sold a land in Hunedoara for EUR1.2 million, on which it was planning to develop a shopping mall. more

12.01.2014

Germany’s Rewe is taking the first steps towards the sale of the over 80-supermarket Billa Romania chain, market sources say. Billa Romania, with its 1.35 billion lei (EUR305 million) revenue in more

11.24.2014

Paper maker Somes Dej (SMS.RO), controlled by businessman Stefan Vuza, was put up for sale by direct negotiation, at a starting price of EUR7.9 million, VAT not included. more

11.13.2014

U.S. giant Procter&Gamble has sold its detergent factory in Timisoara, western Romania, to German group Dalli, which makes private label products, P&G officials told MEDIAFAX Thursday. more

11.05.2014

Private equity fund Advent international, whose only remaining Romanian business is medical service provider Regina Maria, is getting ready for an exit, industry sources say. more

10.27.2014

The five best-selling imported spirits brands in Romania account for 45% of the total sales volume of imported spirits and include Jack Daniel’s and J&B whiskies and Absolut vodka. more

10.23.2014

Romanian lender BCR has hired consultancy and audit firm PwC to sell non-performing loans totaling EUR433 million it granted to 91 corporations, according to CoStar Finance. more

10.21.2014

Five farmland owners in Botosani, Constanta, Olt, Alba and Satu Mare Counties are expecting to get EUR850,000 together for the sale of 25 to 52 hectare lots each or a total of 190 hectares. more

10.17.2014

Two-star hotel Triumf in the capital city, Bucharest, one of the most valuable assets of Romania’s state property authority RA-APPS, will be put up for sale again, at a starting price of EUR19.6 more

10.17.2014

Insolvent office compound Swan Office & Technlology Park located in Pipera-Tunari will be auctioned off again at starting price lower by EUR9 million, to EUR22 million, less than half the project's more

10.13.2014

Austria's CA Immo has concluded negotiations to sell its logistics portfolio totaling 467,000 square meters in Romania and Poalnd to Czech PointPark Properties, the company, which owns Europolis more

10.08.2014

Metex Targoviste (METG.RO) plans to sell a store in Targoviste town, southern Romania, and its plot of land to Leda Center company, for approximately EUR3 million. more

09.29.2014

Sfetozar Bugarszki, one of the most important individual shareholders of Romania’s cable TV company RCS&RDS, put up for sale, through an announcement published in ZF, a 6% stake in RCS Management, more

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