More options than just banks and dollars

Even if you were not the lucky winner, you can at least suppose that the one who actually won $1.5 million at the “6 out of 49” lottery game needs investment advice.
What could be the most profitable and safest place for the money won on Sunday in a game that has led to national hysteria over the last few weeks?
Services, industry, money market, real estate, shares, banking deposits.
Answers vary depending on the respondents’ industry and appetite for risk.
“If I had that money I would invest it on the money market for short-term gains, as fluctuations are quite high at the moment, due to the international conditions. My long-term choice would be pieces of land in certain areas in Bucharest, but the amount is too small for such investments,” says Francisc Bodo, deputy general manager for Romania of GED Capital, the company administrating the over $40 million of the Romanian Post-Privatisation Fund.
Dan Ionescu, manager for the Balkan region of the world’s largest company General Electric, and Leonard Ghergina, Baring Investment Fund (part of the ING Group) representative are much more risk-prone. They both say they would go for industrial investments, and possibly fields related to those they are familiar with.
“I have identified a most promising service business for industry. With $1.5 million and a good business plan, I could bring some other investors in this venture and began operating in the field,” Dan Ionescu says.
“Interesting things are going on in Romania’s foodstuffs industry and in certain related fields, therefore this is where my money would go. A good business could be producing packaging for the foodstuffs industry,” said Leonard Gherghina, who co-ordinated Baring’s buying into Topway’s margarine and edible oil business.
What would the ZF staff do with the money? Says Lucian Mandruta: “I would buy three light planes for $200,000 each and open a flying school for rich people bored with their money.” Cristian Hostiuc in his turn says,” I would be most cautious: dollars, euros, real estate, Romanian eurobonds and T-bills. And shares on the Bucharest Stock Exchange.” Sorin Paslaru: “I would invest several hundred thousand dollars in a campaign to get me elected in Parliament or the City Hall. The remaining million dollars would be the best argument for voters – an incorruptibility guarantee. My lottery ticket would be my fortune statement.”