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Lehman Brothers pays 16m euros for 5% of Adama
The powerful Lehman Brothers investment bank has joined the shareholder structure of Adama real estate development company by taking over 6.9 million shares accounting for a 5% stake in the...
JLL: Romanian real estate market witnesses fastest compression of yields in the region
The Romanian real estate market is a rapidly changing environment, which is visible both on construction sites and particularly in investors' calculations. Investors are now viewing acquisit...
Royal Bank of Scotland detine peste 3% din ABN Amro
Consortiul condus de Royal Bank of Scotland a anuntat ca si-a majorat participatia in cadrul bancii olandeze ABN Amro la 3,25%. Oficialii grupului au spus ca au cumparat 40,7 milioane de act...
Romania generates 60% of ACE Automotive's turnover
ACE Romania, the domestic division of the Spanish producer of electric automotive components, accounted for 60% of the group's total turnover last year, which stood at 120 million euros. The...
Eurisko, on the wish list of global giant CB Richard Ellis
The shortlist of bidders for Eurisko also includes Jones Lang LaSalle (JLL), market sources told ZF. Eurisko boasts a market value of more than 15 million euros. The representatives of LaSal...
Sales of Porsche cars double
Last month, Porsche saw its sales triple domestically against last July to 16 units, while Audi, the premium brand of the Volkswagen-Audi group, registered an increase of over 70% in sold un...
Burci sells half of Astra Vagoane Arad lands
Astra Vagoane Arad, a producer of freight carriages and a division of the International Railway Systems (IRS) group controlled by businessman Cristian Burci, is to sell the company's stake i...
Isarescu unafraid of price hikes
The National Bank of Romania is more optimistic than most analysts regarding the inflation trend in the second half of the year, estimating that inflation will reach 3.9% (up from the previo...
Erste rebranding of BCR starts in September
September will see the Austrian-based bank Erste launch its rebranding campaign for BCR. The new image of the largest Romanian bank will incorporate Erste's trademark red and blue colours, b...