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Macromex owner: I learnt from mistakes that business diversification is not good
After 17 years in which he gave up two businesses, sealed two deals and developed Macromex to turnover worth 120m euros, Dan Minulescu says he will bet everything on a single card in the following years: frozen products distribution.
Blue Air owner wants to take over Iptana
Businessman Nelu Iordache, the owner of Blue Air airline and manager of Romstrade, wants to take over Iptana Bucharest, where he is a minority shareholder for 13.5 RON/share, which puts the...
Owner of Ramada Nord in Bucharest doubles hotel's capacity
Bucharest's Ramada Nord hotel will expand its accommodation capacity by 106 rooms, in the wake of an around 2 million-euro investment, with the new rooms to become available in the autumn. T...
Zara's owner invests 5m euros in network expansion
Spanish retailer Inditex, owner of the Zara brand, has made a 17.5 million-RON (4.8 million-euro) capital increase to three of its companies in Romania- Pull and Bear, Stradivarius, and Bers...
City Grill owner acquires Crem Cafe coffee shop chain
The City Grill - Caru' cu Bere group has taken over the two Crem Cafe coffee shops located in Piata Romana and Piata Universitatii, and intends to turn them into a City Grill restaurant (Pia...
Consola Grup's owner builds four-star hotel
Consola Grup, the company building the first two office buildings in Bucharest's Sema Parc project, will develop a four-star hotel chain and a series of residential projects in which it will...
Youngest owner in charcuterie industry buys Oltchim assets
Carvil Mizil, a company held and managed by Iustin Paraschiv, one of the youngest entrepreneurs in the meat industry, acquired a poultry farm, a pig farm and a fertiliser production facility...
La Mama owner recruits 400 people
The La Mama restaurant chain, held by businessman Catalin Mahu, will expand its network by at least three new restaurants this year, while the Cafepedia coffee shop network, owned by the sam...
Plus Discount owner: several competitors are interested in buying
The Tengelmann group, owner of the Plus Discount store network, is holding talks with several competitors, to sell its Romanian-based stores, but has not yet decided whether to exit the mark...