The Dedeman owners have sold their stake in Cătălin Grigoriu's agricultural conglomerate — marking their first exit from a business they joined as outside investors.
Dragoș and Adrian Pavăl have exited agricultural conglomerate Moldova Farming after ~10 years.
It is their first exit from a business they joined as outside investors, not as founders.
Financial terms of the transaction have not been made public.
Dacia's first electric car built in Europe will be assembled in Slovenia, at a Renault Group plant whose quality systems have reportedly impressed Chinese and Japanese observers alike.
Dacia Evader, the brand's first European-built electric, will be produced in Slovenia.
The assembly line is shared with the new Renault Twingo.
The plant's quality systems are described by management as ahead of Japanese industry standards.
The retail businessman joins as a partner in One Gallery, a conversion project centred on a listed industrial landmark in Bucharest's Floreasca district.
One United Properties has partnered with Romeo Pomponiu on the One Gallery project.
The development involves converting the Ford Hall, a listed historic monument in Floreasca.
Pomponiu, 73, owns the Steilmann retail chain and brings private capital to the venture.