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Immoeast's capitalisation drops to 800 million euros, fund plans property sale
Austrian investment fund Immoeast, the top buyer of real estate assets in Romania in recent years, will start selling some of these assets on the Romanian market, where it owns properties that were assessed at 3.4 billion euros at the end of June.
Financial crisis puts developers' plans on hold
The international financial crisis will have effects on the retail market, as well, which has seen one of the most significant increases over the last few years, with both developers and ret...
Colgate-Palmolive plans to sell Brasov plant and land
Colgate-Palmolive could collect over 7 million euros from the sale of its Brasov-based plant, after it shuts the unit down and transfers local production to Poland. "The company intends to s...
Romar: Lack of private insurance could change our plans
Medical Services / Ioana David Private medical services group Romar, 40% of which is held by investment fund RC2, could drop plans to open a 60-bed private hospital. The building, which has...
BBDO Romania's new chief executive plans to open new agencies
BBDO Romania, the second largest communication group on the local market, has gone through major management-level changes since the beginning of this year, the most important of which has be...
Florin Enache plans several real estate projects
Florin Enache, who collected around 20 million euros from the sale of two shopping centres to investment manager Equest, plans to develop mixed-use real estate projects, which will include 4...
Austrian group Uniqa plans to buy Unita Vienna Insurance Group
The deal has to be approved by the supervisory authorities first, but could be concluded by the end of September 2008, a Uniqa release states. Unita is one of the biggest insurance firms in...
Belgian Liebrecht & wooD plans new outlet mall
Johan Rogiers, one of the three founding members of Belgium-based Liebrecht & wooD, which brought onto the local market the concept of a retail park with an outlet store as an anchor, says t...
Belgian Liebrecht & wooD plans new outlet mall
Johan Rogiers, one of the three founding members of Belgium-based Liebrecht & wooD, which brought onto the local market the concept of a retail park with an outlet store as an anchor, says t...