Ioan and Floare Cuc
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ZF English
How a 45m-euro retail business ran out of steam in one year
One year from voluntary insolvency, SPAR, held by brothers Ioan and Floare Cuc in Arad is now left with 25-30 of the over 700 employees it had at the end of 2008, after it dropped retail operations.
ZF English
After SPAR insolvency, Cuc siblings are now out of Philip Morris's distribution system
Astral Impex distributor, held by siblings Ioan and Floare Cuc in Arad, which financed the SPAR supermarket chain's expansion, has been left without its cigarettes division, which could driv...