The entrepreneur who built eMAG into a €2 billion e-commerce giant is exiting the shareholding, selling his 11.77% stake in Dante International to Dutch group Prosus.
Stanciu is selling his 11.77% stake in Dante International, eMAG's parent, to Prosus.
eMAG reached €2 billion in annual sales under his 17-year leadership.
Financial terms of the deal have not been made public.
State-owned SNN has abandoned the idea of taking over the long-idle Romag Prod facility and is instead pursuing a new production technology to be piloted in Râmnicu Vâlcea with EU funds.
SNN drops its bid to take over Romag Prod, bankrupt for over a decade.
A new heavy water production technology is to be piloted in Râmnicu Vâlcea.
The pilot targets EU funding; full technical details have not been disclosed.
ANAF president Adrian Nica plans to show up unannounced at county tax offices to speak directly with staff about revenue collection and institutional reform.
Nica will make unannounced visits to all county tax offices in Romania.
Topics include tax collection performance and ANAF's reorganisation.
The agency chief wants direct contact with frontline counter staff.