sale

Romanian Car Tax Charged To Buyer On First Sale

Romania's car tax, in its future form, will be paid by the buyer upon the first sale of any car for which the tax has not already been paid, said an Environment Ministry press release on Tuesday, following a press conference held by minister Lazlo Borbely.

City Mall Bucharest To See Fourth Sale Attempt, At EUR23.58M

Bankrupt shopping center City Mall Bucharest will be put up for sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 million.

Romanian Social Homes Might Be Sold For Closer To Market Value

Romanian authorities might be able to sell public housing for a price determined by an expert evaluator, closer to the home's regular market price, as per a Government-sponsored bill changing the way the sale value of social homes is calculated.

Romania Won’t Sell 9.84% In OMV Petrom For Less Than EUR600M, PM Says

Romania will get more money from the sale of a 9.84% stake in oil company Petrom (SNP.RO) on the stock exchange than the social democratic Government got for the company’s privatization in 2004, Prime Minister Emil Boc said Saturday on Pro TV.

Bankrupt Bucharest Property City Mall Up For Sale At EUR29.5M

Bucharest shopping center City Mall will be put on sale at a starting price of EUR29.5 million in a second liquidation auction set for April 20, liquidator Casa de Insolventa Transilvania said Monday.

Romtelecom Buys DCS TV Service Assets, Client Base

Telecom operator Digital Cable Systems (DCS) announced Tuesday that it has sold its assets and contracts with the clients of TV service AKTA Satelit to Romanian operator Romtelecom.

Romanian Carmaker Dacia Ranked 7th In CEE By No. Of Cars Sold In ‘10

Romanian carmaker Dacia is ranked seventh in Central and Eastern Europe regarding the number of cars sold in 2010 and Dacia Logan is the third best selling car brand, according to automotive business intelligence provider JATO.

Bucharest Dwelling Prices Deter Clients From Purchase – Coldwell

The price of homes in Bucharest remains high compared to demand expectations, limiting the number of real estate transactions, according to real estate consultancy company Coldwell Banker Affiliates of Romania.

Romania To Select Broker For Petrom Stake Sell By Mid-Sept

Romanian Economy Minister Adriean Videanu on Thursday said the ministry will select a broker by mid-September to sell nearly 10% in leading oil company OMV Petrom (SNP.RO).

Ikea Group Adds Romanian Unit After Franchisee Sells Business

Swedish IKEA group operates directly on the Romanian retail market after buying the operation and franchise rights of the store in the capital city Bucharest, Ikea Romania said in a statement.

Romanian Billionaire Puiu Popoviciu Sells IKEA – Ziarul Financiar

Businessman Puiu Popoviciu has sold the IKEA operations in Romania to Swedish IKEA group for over EUR30 million deal, business newspaper Ziarul Financiar reported Friday citing market sources.

Romanian Development Min To Sell State-Made Homes Cheap

Homes made by the Romanian National Housing Agency (ANL), meant to be rented by young people, will be sold at prices below EUR19,140 for a studio, below EUR26,950 for two rooms and below EUR36,014 for three-room apartments.

Swiss Ringier Sells Two Romanian Papers To Local TV Network

Ringier Romania, the local division of the Swiss publishing group, has sold daily Evenimentul Zilei and weekly business magazine Capital to the newly-created Editura Evenimentul si Capital, whose majority shareholder is businessman Bobby Paunescu.

Romania Set To Limit Sale Of Cigarettes, Alcoholic Drinks In Duty-Free Shops – Sources

Romania’s government decided Friday to empower competent ministries to start drafting the normative act meant to limit the sale of cigarettes and alcoholic drinks in duty-free shops, in a move to fight illicit trade, people close to talks said Friday.

Romanian Senators Adopt Normative Act Regulating Sale Of ANL Homes

Romanian senators adopted Tuesday, with 44 votes in favor and 29 against, a legislative proposition to allow the sale of homes built by the National Housing Agency (ANL) at inventory prices.

Romania’s AVAS To Sell 70% Stake In Petromin

Romania's Privatization Authority AVAS will put up for sale the majority stake in Romanian maritime transport company CNM Petromin Constanta, at a starting price of 39.35 million lei (EUR1=RON3.7933).

Romanian Authorities Cancel Auction To Sell Offices In Bucharest Free Press House

Romania’s state protocol authority, or RA-APPS, said Friday it cancelled the public auctions to sell spaces in the Free Press House in Bucharest scheduled for November 26-28.

Czech Automotive Co AAA Auto Mulls Selling 49% Of Romanian Unit

Czech automotive company AAA Auto aims to sell a 49% stake of its Romanian division to a local partner, to gain a better entry into the local market with easier access to good-quality and liquid used cars with secure origin, which was the company’s main challenge on the Romanian market so far.

Czech Aero Vodochody, Israeli Marcovici Capital File Bids For Helicopter Mker IAR Sale

Czech Aero Vodochody and Israeli Marcovici Capital Ltd submitted bids for the sale of the majority stake in Romania’s sole helicopter maker IAR Ghimbav, by the deadline on September 15, representatives of the country’s privatization authority AVAS said Monday.

Seven Cos Interested In Helicopter Mker Sale-AVAS

Seven companies are interested in the sale of Romania’s sole helicopter maker IAR Ghimbav, namely Czech’ Aero Vodochody, French Eurocopter, Israeli’s Marcovici Capital Ltd and Romanian Rups, UTI Systems, Grivco, and RO Mike Trade, the privatization authority AVAS said in a statement Tuesday.

Romanian CEC Deferred Sale Seen Positive -PM

The deferred sale of Romania’s last remaining state-owned savings bank Casa de Economii si Consemnatiuni, or CEC, was not a failure as it would only have favored a profit-driven investor, failing to meet clients’ requirements for customized services, Premier Calin Popescu Tariceanu said Tuesday.

Romania’s AVAS Puts Up For Sale Helicopter Maker IAR Ghimbav

Romania’s Privatization Authority AVAS put up for sale a 64.89% stake in Romania’s sole helicopter maker IAR Ghimbav, AVAS said Monday in a press statement.

Romanian Competition Watchdog OKs Romanian Beer Mkr Sale To Heineken

Romanian competition authority gave green light to the takeover of Romanian beer maker Bere Mures by Austria’s Brau Union AG Austria, part of Dutch group Heineken, the authority said Monday.

Arabian Businessman Confirms Interest In FC Rapid Bucharest

Arabian businessman Fatih Taher, owner of several companies in Romania, on Wednesday said his company Griro SA was interested in purchasing FC Rapid Bucharest football club.

Tenants Buying ANL Homes Obliged To Keep Them Five Years

The homes rented to youngsters via the National Housing Agency ANL may be sold only to tenants whose average income per family member is lower than double the gross average salary and who undertake to keep the home for five years.

Romanian Floreasca Club Put Up For Sale At EUR38.7M

Romanian Floreasca Club will be put up for sale end-January by State Protocol Patrimony, or RA-APPS, at a starting price of EUR38.7 million.

Petrom Sale Transparent, Approved By Romanian Govt, Parliament- Co Officials

The sale of Romania’s largest oil company Petrom (SNP.RO) was transparent, as it was closely monitored by international institutions and approved by the Romanian government and parliament, the company said in a press statement.

Romanian Airliner Tarom To Sell Its Two A-310

The Board of Directors of Romania’s flag carrier Tarom approved the sale of the company’s two A-310, which it put out of use four years ago and included in a repair program.