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Saturday, December 25, 2004
Business in Romania blog
Here are the latest investment news, courtesy of ZF.

- SIF Muntenia sold 5.1% of stocks in Banc Post to the bank's majority shareholder, Greek group EFG Eurobank Ergasias.

- Dan Adamescu, a Romanian businessman that is also owner of UNIREA Shopping Center, bought some stocks in the company that edits the Romania Libera daily newspaper. I wonder if this is going to affect the editorial policy of Romania Libera...small chances though, as WAZ still holds the majority of shares.

- The mergers and acquisitions conducted in Romania during 11 months from the beginning of the year amount to $717 million (approximately 651 million euros), 28.7% more than last year, according to the data provided by the professional service company KPMG.

- Slovenia-based Kemofarmacija put up an offer to buy Pharmafarm for 2.5 milion Euro.

Posted by Mihai Botea : 12/25/2004 10:14:00 pm Latest Investment News
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