Dasimpex teams up with fund

Businessman Sorin Stoica, 36, one of the entrepreneurs to bet on the growth of mobile telephony, is in very advanced talks to attract an inflow of capital worth several million euros from a foreign investment fund for his Dasimpex Group. “It is about several million euros, but less than 10 million. The money will come in two instalments,” Stoica said. The investment fund, whose identity the company officials did not reveal yet, is likely to take over the controlling interests as a result of this transaction. “I do not want to relinquish the company”s shares completely,” Stoica told ZIARUL FINANCIAR. Dasimpex, a dealer of mobile telephony equipment and accessories is held by Sorin Stoica and his wife. The company will see turnover of some 24 million dollars (20.3 million euros) this year, an increase of 62% on 2004. ZF