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Fornetti sells pastries totalling 17m euros in 2005
The widest franchised network in Romania (450 stores) estimates that it will make 26 million euros in turnover this year, an increase of 50% on 2005. The pastry company Fornetti Romania, whi...
Tudor sells Biofarm to relatives
Businessman Dumitru Tudor, one of the main individual investors on the domestic capital market, sold his over 9% stake in drug producer Biofarm Bucharest through two deals worth approximatel...
SIF Transilvania sells 5.3m-euro shares
SIF Transilvania at the end of last year sold shares in Comvex Constanta, Romcarbon Buzau and Petrom for a total of 19.8 million RON (5.3 million euros), a release of the company sent to the...
GSK sells Romanian drugstore unit
GlaxoSmithKline pharmaceutical company, the leader of the Romanian market intends to sell its pharmaceutical distribution division, Europharm Distribution, sources on the market say. The dec...
Sicomed sells property, becomes Zentiva
Pharmaceutical company Sicomed Bucharest will put up for sale a 30 hectare-plot of land that it does not use, which is located inside the platform occupied by the company in Eastern Buchares...
Lafarge sells another non-core operation
Costin Borc, head of the company owned by the French group Lafarge, sold around 200 railway wagons that had been accumulated by the company, for 1.1 million euros, which will help him bolste...
SIF Muntenia sells 1.4% in Sicomed
Societatea de Investitii Financiare (financial investment company - SIF) Muntenia at the end of last month sold a stake of 1.4% in Sicomed on the Bucharest Stock Exchange. These transactions...
Grivita sells land worth over 8.2m euros
Primary and semifinished ferrous metal producer Grivita Bucharest will sell approximately 27,500 square metres of land together with the associated buildings, in sector 1 of the capital city...
Terapia Cluj sells land to pay back loans
Terapia Cluj sells land to pay back loans