Telekom Romania to sell or rent 24 properties

Newsroom 30/04/2015 | 15:29

Telekom Romania Communications put up for sale or partial re-letting 24 properties in Bucharest and seven other cities at a starting price of EUR 26.3 million, the company said on Thursday.

“The transaction will take place through an auction and the winner will be chosen from the best bids of asking prices for purchase or rent, combined with other relevant conditions. Tenders can be submitted by July 16 together with eligibility documents, including letters of guarantee. The entities concerned can submit bids for the whole package of 24 properties or for a subpackage of 17 properties,” reads a company’s press release quoted by Mediafax.

The buildings are located in Bucharest (12 properties), Timisoara (3), Ploiesti, Oradea, Constanta (2 buildings each), Ramnicu Valcea, Sibiu and Bacau (1 each). The amounts obtained will finance the investment needed to conduct telecom activities.

Last year, Telekom Romania sold 28 real estate assets for EUR 11.6 million.

Telekom Romania provides complete landline and mobile telecommunications services. The Deutsche Telekom brand is present on the Romanian market since 2014, after the rebranding of Romtelecom and Cosmote Romania.


BR Magazine | Latest Issue

Download PDF or read online: July 2023 Issue | Business Review Magazine

The July 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “At a Crossroads: Budget Deficit Endangering Romania’s Economic
Newsroom | 31/07/2023 | 14:14

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of

    I agree with the storage and handling of my data by

    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue