ROMANIA The EU has approved over EUR 210 mln in financing for the 26.5 km Timișoara–Lugoj motorway as well as a bypass around Timișoara (9.5 km).
CROATIA Adriatic Luxury Hotels has been given permission by Croatia’s financial regulator to purchase all the shares it does not own in two hotels in Dubrovnik.
POLAND Commercial property investment volumes in Poland are set to exceed EUR 1 bln in the second half of 2012, beating the H1 volume recorded at EUR 856 million, according to consultancy Savills.
CEE REGION Globe Trade Centre has released its results for H1 2012. Gross profit from operations came to EUR 47 mln, which was unchanged compared to H1 2011.
RUSSIA O1 Properties has today announced that it has finalised its acquisition of the Silver City business centre in Moscow from Evans Randall for USD 333 mln.
POLAND Seven companies are interested in purchasing a 89.26 pct stake in Uzdrowisko Horyniec in Horyniec Zdrój.
WORLD Bilfinger Berger has released its results for Q2 2012. The company’s output volume increased by 2 pct to EUR 4.12 bln.
POLAND The Treasury has been awarded PLN 22 mln in bank guarantees due to the failure of Radko to properly implement its contract.
POLAND In Q2 this year the operating revenue of Helios cinemas decreased by 13.2 pct, down to PLN 34.3 mln.
POLAND The Ministry of Treasury wants to offer a 20 pct stake in the Marina Hotele company. An auction of 252 shares (20.1 pct of the share capital) is to take place on September 13th.
POLAND ABM Solid has accepted the request of a court appointed administrator to move from a bankruptcy open to arrangement to enter into liquidation procedures.
POLAND Grupa Redan, which owns clothing brands Top Secret, Troll, Drywash as well as the TextilMarket discount clothing chain, is planning to issue bonds worth up to PLN 10 mln.
CROATIA The island of Vis is to sue the central government in an attempt to gain possession of four former military properties that have fallen into disrepair.
POLAND Ronson Development is planning a PLN 100 mln bond floatation at the beginning of next year.
POLAND The state treasury has signed a preliminary contract to sell an 85 pct stake in Meble Emilia. The potential investor is Griffin Topco II, which has been given exclusive negotiating rights.
POLAND J.W. Construction has signed an annexe to its contract with Vis Investments concerning the purchase of perpetual usufruct of a property located at ul. Kasprzaka 29/31 in Warsaw (with a total area of 81,200 sqm).
POLAND CA Immo and Pramerica Real Estate Investors, who each hold a 50 pct stake in the Warsaw Financial Center, have agreed to sell their holding in the property for a combined EUR 210 mln.
POLAND Hotel Olimpia in Wrocław, which is part of the Olympic Stadium Complex on al. I.J. Paderewskiego, has been put up for sale.
POLAND The Financial Supervision Authority (KNF) has approved Gant Development’s prospectus for the issue of AW series bonds with a total value of up to PLN 50 mln.
ROMANIA New Europe Property Investments (NEPI) has released its unaudited results for H1 2012. Total assets came to over EUR 532 mln, compared to over EUR 385 mln in the same period of the previous year.
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