Advent sells their 84.88 per cent of the shares owned at Ceramica Iasi, producer of ceramic blocks and tiles bought in 2007 for more than EUR 35 million to an investment fund registered in Hong Kong, Brikston Cooperatief, according to a report of Ceramica Iasi regarding changes in the indirect control, sent to Bucharest Stock Exchange on Monday. The announcement does not reveal who controls the new shareholder, nor the value of the transaction, but sources on the market estimate that it might exceed EUR 10 million, reports Mediafax. Brikston Cooperatief is a vehicle owned by the investment funds management Asia Dept Management, at their first acquisition in Romania.
Klaus Iohannis officially takes over the presidential prerogatives, Traian Basescu bids farewell from the Cotroceni Palace after 10 years
Klaus Iohannis takes the presidential oath, says will devote all his energy for the spiritual and material prosperity of the Romanian people
Parliament approves state budget for 2015, PNL to contest the budget law to the Constitutional Court
Victor Ponta on Basescu’s overview: It’s subjective, highlighted the positive parts and hid the negative ones
President Traian Basescu makes balance sheet of his ten-year term: many satisfactions and achieved things, but also regrets and failures
Teodorovici: Romania to receive approval from EC on 2014-2020 Operational Programme on Competitiveness until Tuesday
The Nine O’Clock Supplement
Nine O’Clock Announcements
5, Intrarea Armasului, District 1, Bucharest, Telephone: 317.71.36 / 317.71.35, Fax: 317.71.33 / 317.71.39
Nine O`clock Ads
Subscribe to RSS
Subscribe to RSS or enter you email to receive newsletter for news, articles, and updates about what's new.