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Turbomecanica sells stake in joint venture
Turbomecanica Bucharest, a producer of components for aircraft engines, whose clients include Airbus, has sold to the American group General Electric (GE) the 50% stake it held in Turbomecan...
First Vista info: Flamingo sells 4,000 licences
In the first two months (February and March) since launch, sales of Windows Vista licences on the local market were five times higher than those recorded by Microsoft in October 2001, when t...
EBRD sells 35% of Danone
The European Bank for Reconstruction and Development (EBRD) has sold its 35% stake of the local branch of the French group Danone, a transaction that marks the exit of the financial institut...
Bergenbier sells 40% more beer in the first three months of 2007
InBev Romania, the third largest player on the local beer market, saw a 40% sales increase in terms of volume in Q1, against the same time last year- the largest increase achieved by a branc...
Dan Sucu sells 25% of Mobexpert on the Stock Exchange
Businessman Dan Sucu, shareholder of the Mobexpert group, the leader on the local furniture market, is considering selling his shares on the Stock Exchange, after having acquired 40% of the...
Vosganian sells all electricity distribution companies
The last of the electricity distribution and supplying companies held by Electrica, as well as the major energy complexes, will be put up for privatisation from the second half of this year....
Scala Real Estate sells 2.5% of Siretul Pascani
Scala Real Estate, one of the main shareholders of Siretul Pascani, sold 2.5% of the capital of the textile producer last Friday on the Bucharest Stock Exchange, for 346,000 RON, according t...
Porsche Romania sells 50% more in Q1
Porsche Romania, importer of the Porsche, Skoda, VW, Audi and Seat brands in Romania, delivered 12,324 cars in the first three months of the year, an increase of 49% against the same period...
CEC sells offices in Sibiu for 10m euros
CEC (The Romanian Savings Bank) is organising an auction to sell its office building in the centre of Sibiu, an 11-storey building appraised by real estate agents to at least 10 million euro...