transactions

Romania 3Q Foreign Card Payments At Record RON1B – Central Bank

Romanians used cards to pay 966 million lei (EUR1=RON4.2950) in the third quarter to POS terminals abroad, the largest amount reported to date, and withdrew RON380 million from foreign ATMs, according to central bank data.

Romanian Public Notaries In Bucharest, Five Other Counties Lower Realty Deal Fees By 10%

The Chamber of Notaries Public in Bucharest will reduce by 10% the fees charged for real estate transaction signed in Bucharest and in five other counties, namely Calarasi, Giurgiu, Ialomita, Ilfov and Teleorman, starting September 1, the institution said in a press release Tuesday.

Romanian Realty Transactions Drop More Than 27% In ‘09, Total Taxes Dn 52% – Notaries

The number of real estate transactions was down 27.28% on the year in 2009, at 352,518, below notaries' estimates early 2009, and the value of income taxes from property deals was down 52%, to 498.7 million lei (EUR1=RON4.1214), the National Union of Notaries Public In Romania (UNNPR) said Thursday.

Romania’s Real Estate Transactions In Jan-Feb Dn 26% On Yr

The number of Romania’s real estate transactions in the first two months fell by 26% to 82,860, from 112,000 in the same period of 2008, the National Agency for Cadastre and Land Registration said Wednesday.

Sale Prices Of Romanian Hotels Seen Dn 30% In ’09 – Consultant

The sale prices of Romania’s hotels will drop by at least 30% in 2009, due to the financial turmoil, while the number of hotel transactions is seen down 70% compared with 2008, Sorin Ionescu, managing partner in hotel consultancy company Fivestar Hospitality, said Tuesday.

Questionable Transactions Bring Court Dates For Romanian Football Agents, Managers

Romanian prosecutors with the National Anticorruption Department sent to trial eight people for alleged illegal transactions facilitated by transfers of football players to foreign clubs, causing overall damages of $11.5 million.

Romania 1Q Real Estate Deals Dn 68% To EUR119M

Real estate transactions in Romania dropped 68% to EUR119 million in the first quarter, mirroring a downward trend of the European commercial properties market, realtor Cushman & Wakefield said in a report Monday.

Romania’s Fondul Proprietatea Share Transactions Now Regulated

Shareholders of investment fund Fondul Proprietatea may sell their shares before the fund is listed on the Bucharest Stock Exchange, according to amendments to the fund’s by-laws approved by the government and published in the Romanian Official Gazette.