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Tag Archives: exit

Futureal Group exits retail project ParkLake and powers ahead in the real estate market of Bucharest through Cordia, its residential investment division

Futureal Group announces an exit worth 19 million euros from the retail project ParkLake, developed by Sonnae Siera and Caelum Development. Futureal participated in the development of ParkLake by financing Caelum Development, the latter controlling 50% of the shopping center. ...

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Commissioner for Regional Policy in Bucharest: Romania cannot afford the luxury of considering a RoExit

European Commissioner for Regional policy, Corina Cretu has told a debate organized in Bucharest on Monday that Romania cannot afford „the luxury” of considering a RoExit. „Romania cannot afford the luxury of thinking of leaving the European Union. Particularly now, ...

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Ex-president Basescu announces his exit from politics after he ends senator term

Former president Traian Basescu has announced at B1TV private broadcaster on Thursday night that he will exit from politics after he ends his current senator mandate. Currently leading People Movement Party (PMP), Basescu also proposed the Opposition parties to seal ...

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The Liberating Power of Brexit

By Isidoros Karderinis   The referendum of June 23, 2016 regarding Britain’s remain at or exit from the European Union, through its subversive BREXIT result – the first major, painful defeat for the under German control European Union of the ...

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Romanians in the UK and the referendum on EU membership

Romanian immigrants settled in the UK look forward to the outcome of the referendum on the country’s EU membership, given that an exit from the bloc would affect the status of Europeans on British territory. About three million citizens from ...

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Aviva Investors exits Romanian real estate market

Valad Europe has bought all the assets owned by the Central European Industrial Fund (CEIF) from Aviva Investors, including those in Romania, with whom it previously co-managed the fund. Thus, Aviva Investors make its exit from the real estate market ...

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Danube Delta to have a mini-replica nearby Tulcea city

A midget Danube Delta is designed in Tulcea, right at the city’s exit. The mini delta, built up with EU funds of RON 47 million, is designed mainly as a research center, but also as promenade location. The 22-hectare project ...

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Irish oil producer Petroceltic exits Romanian market

Irish oil producer Petroceltic International Plc said it sold its Romanian unit to GVC Investment BV as it exits high-risk exploration ventures, a press release informs. Simultaneously, Canadian oil and gas company Sterling Resources announced that it transferred its 40 ...

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Germany ‘prepared to let Greece leave eurozone’ if voters reject austerity

A German report says Chancellor Angela Merkel is prepared to let Greece quit the eurozone should the people elect a government that abandons austerity. Berlin is increasingly convinced a “Grexit” would be bearable, Deutsche Welle informs. The German government is ...

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