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Burci sells half of Astra Vagoane Arad lands
Astra Vagoane Arad, a producer of freight carriages and a division of the International Railway Systems (IRS) group controlled by businessman Cristian Burci, is to sell the company's stake i...
Roman sells 70m-euro trucks to US Army
Ioan Neculaie, the main shareholder and manager of Roman Brasov says that half of the entire 2006 production was acquired by the US Army for use in Iraq. "We estimate orders for the United S...
European Goldfields sells shares to fund local projects
Canadian company European Goldfields, which holds 80% of the gold mine in Certej, raised 120 million Canadian dollars (112 million US dollars) following a share offering, which will be used...
Bombardier sells 300m-euro trains to Metrorex
Swedish rolling stock producer Bombardier Transportation, whose only client on the local market is Metrorex, announced that the total value of deliveries for the Bucharest subway stands at 3...
GTC sells 500 homes set for completion in 2008
GTC Romania, the domestic subsidiary of the Israeli company Globe Trade Center, in seven months sold 500 homes worth over 52 million euros, from part of the Rose Garden project, Colentina Ro...
Tina R sells stake to maintain company's development
The sale of a 49% stake in the shares of clothing retailer Tina R to a foreign investment fund indicates its transit from a family company to a structured, international business, believes R...
Tina R sells 49% of its shares to aid expansion and BSE listing
The shareholders of the clothing stores chain Tina R sold 49% of the company's shares through a capital increase worth 3 million euros, with two targets in mind: expansion onto the local mar...
Broadhurst investment fund sells Tricodava for 42m euros
Investment fund Broadhurst sold the former Tricodava factory in the Drumul Taberei district of the Capital for 42 million euros, after Winmarkt Alfa, which is part of the same group, sold an...
Sogeco sells 4.12m euros' worth of coffee machines
Sogeco Romania, held by the Italian group Saeco, one of the leading producers of coffee machines, estimates that it will see a 4.12 million-euro turnover this year, an increase of 3% in fina...