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Real estate fair expects sales worth 5m euros
Over 260 new apartments and villas, grouped in five housing projects, will be delivered onto the market in the wake of investments worth 60 million euros. The housing projects, located in Bu...
Siderma sells land with 15 million euros
Textiles producer Siderma Bucuresti last week sold land and buildings (located in Bucharest, sector 6) to Balkanic Intertrade for 50.6 million RON (15 million euros). According to Siderma, B...
State could receive 2bn euros from CFR Marfa's privatisation
State-held company CFR Marfa (a freight operator), which is expected to complete its privatisation strategy in around three months, is worth somewhere between one and three billion euros, ac...
Irum sells 6.5m euros' worth of farming equipment
Reghin-based Irum, which manufactures farming and forestry equipment, posted over 6.55 million-euro turnover in the first nine months of this year, up approximately 44% in RON against the sa...
Volume of overdue loans falls to 148m euros in October
The volume of overdue loans cumulated by the population dropped slightly in October- the first correction of the last 13 months. At the end of October, the overall volume of overdue loans st...
Greeks inject a further 26m euros into EFG Retail Services
EFG Retail Services, the consumer lending arm of Greek group EFG Eurobank, which also owns Bancpost domestically, has raised its share capital by 25.7m euros (90m RON), to almost 26m euros....
Low-cost airline tickets snapped up early, as prices exceed 100 euros
Low-cost airline operators have registered an over 90% occupancy rate for the Christmas holidays on top of an increase in ticket prices, as operators' zero-euro, one-euro or 30-euro offers w...
Sonae Sierra buys 50% in Arena Mall Bacau for 45m euros
Sonae Sierra, a Portuguese real estate developer and owner of River Plaza mall in Ramnicu-Valcea, will take over 50% of Arena Mall shopping centre in Bacau, in a deal worth 40-45 million eur...
Insurance brokers expect deals worth 480m euros
Insurance brokers are expected to arrange policies worth 480 million euros by yearend, up 48% against last year, estimates Bogdan Andriescu, chairman of UNSICAR (National Union of Insurance...