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CSFB and RAEF to sell natural gases
A syndicate comprised of investment bank Credit Suisse First Boston (CSFB) and investment fund Romanian American Enterprise Fund (RAEF) will provide consulting services for the privatisation...
Romanians find sudden appetite for euros, rush to sell dollars
Was it a mere coincidence? No one can know for sure. But it is certain that, immediately after the National Bank of Romania Governor Mugur Isarescu last week announced the switch to the euro...
To sell or not to sell Cosmorom?
Last year it was just a rumour, but now it is beginning to take shape: Greek group OTE is thinking about looking for a buyer for its Romanian-based mobile telephony operator Cosmorom. The wo...
FRAI to sell Banca Romaneasca stake
The Romanian-American Investment Fund (FRAI) will most likely sell its 70% stake in Banca Romaneasca (Romanian Bank), with the exit preparations scheduled for the second half of the year. Th...
Plastex to sell $1.4m's worth in shares
Plastic packaging maker Plastex Tulcea is running a 48bn ROL ($1.4 million) share issue on RASDAQ, 8bn ROL of which account for the issue premium. This is the second stage of a capital incre...
Romanian soccer coach looking to sell his insurance business
Mircea Lucescu (coach of Turkish soccer team Besiktas) is about to sell his insurance business to Eurom Bank and Blocul National Sindical (National Union Block - BNS). The coach who takes no...
Hollywood offers to sell us Dracula's image
Hollywood offers to sell us Dracula's image
Hollywood offers to sell us Dracula's image
The Tourism Ministry might negotiate with the famous Universal Studios the purchase of Count Dracula's image as depicted in the movies produced by the Hollywood-based studios, according to a...
SocGen Romania Fund to sell two companies
SocGen Romania Fund to sell two companies