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Rothschild pays 104m euros to enter housing market
The Rothschild banking family officially entered the domestic housing market last week in a deal worth 104 million euros for a 60 percent stake in three housing projects, which are controlle...
Proges pays 6m euro for 10 stores
Oradea-based Proges, which specialises in the distribution of interior decoration materials, is set to complete a logistical centre that will cover 50,000 square metres close to Oradea next...
Africa Israel pays 78.8 million euros to get NCH out of Cotroceni Park
Real estate developer Africa Israel, controlled by Lev Leviev, one of the richest businessmen in Europe, has bought the 50% stake owned by US investment fund New Century Holdings (NCH) in Co...
RCS&RDS pays 3.3m euros for land in Poiana Brasov
On Thursday, RCS&RDS, a telecom operator, acquired an over 42,000 square metre area land located in Poiana Brasov, in an auction organised by the State Protocol Patrimony Regie. RCS&RDS paid...
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...
Africa Israel pays 77.5m euros for Laromet
AFI Europe, part of Africa Israel Investments, the Israeli real estate group developing Cotroceni Park in the capital city, has acquired a plant in Bucharest's sector 1 covering an area of 1...
Spanish investment group pays 3.1m euros for Bucharest building
Bucharest-based BCN Logistic, which is controlled by Spanish investors, acquired a housing facility under construction in Bucharest, from Mundi Art Construct, with the value of the transacti...
Perini, Romstal: Transparency pays off
Enrico Perini, the chairman and majority shareholder in Romstal, a group of firms with annual turnover worth above 300m euros, says the best policy for the company is to ramp up its presence...
State pays the highest salaries, though only statistically
The state is the most generous employer in Romania, and the salaries it pays are the highest of the entire economy, the most recent survey conducted by the National Statistics Institute reve...