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Dragos Grigoriu sells Tempo Media in a deal worth over 20m euros
Dragos Grigoriu, creator of Tempo and a leading player in the Romanian advertising industry, has clinched the biggest deal sealed so far on this market after he sold the media unit to Britain's Aegis group for more than 20m euros, sources close to the deal say
Porsche sees 6% increase in seven months and sells over 600m euros worth of cars
The biggest player on the car imports market, which generated turnover worth above 1bn euros last year according to ZF estimates, sold 34,036 cars in the first seven months of this year, up...
Iaciu sells Expo Market Doraly
An investment fund that belongs to HSBC, one of the largest financial groups worldwide, last month acquired Expo Market Doraly for 65-70 million euros from businessman Gheorghe Iaciu, accord...
Hornbach sells part of 20m-euro land
German group Hornbach could derive profit for the first time on the Romanian market from a real estate deal, as the retailer is planning to sell part of the 150,000 square-metre plot on DN1...
Constanda sells 1.63 ha of French Village for 68m euros
Businessman Constantin Constanda has received around 68 million euros from the sale of 1.63 hectares of land in Satul Francez (French Village) to Greek firm Raptis Kavouras, a deal that put...
Tender sells Atlas Gip for 16.6 million euros
US-based Weatherford group took over the majority interest in coring company Atlas Gip (ATGJ) based in Ploiesti from businessman Ovidiu Tender via three special deals on the RASDAQ market on...
Finance Ministry sells only half of T-Bills in H1
The Ministry of Economy and Finance (MEF) sold T-Bills worth half the originally estimated value in the first six months, but the estimated value of issues in the first three quarters reache...
Euro 2008 sells 11m euros' worth of TV sets
Promotional campaigns conducted before the start of the European Football Championship has led to electronics retailers selling TV sets worth almost 11 million euros. Around two months befor...
Hergan sells shopping complex in Titan, with Auchan as anchor, for 140m euros
Real estate developer Avrig 35, controlled by businessman Alexander Hergan, a real estate investor with one of the lowest-profiles on the domestic market, is in advanced talks with DEGI, the...