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Romanian Billionaire Puiu Popoviciu Sells IKEA – Ziarul Financiar

Businessman Puiu Popoviciu has sold the IKEA operations in Romania to Swedish IKEA group for over EUR30 million deal, business newspaper Ziarul Financiar reported Friday citing market sources.
Romanian Billionaire Puiu Popoviciu Sells IKEA – Ziarul Financiar
12 mart. 2010, 10:03, English

Popoviciu brought the famous IKEA retail chain on the local market via a franchise in 2007, following EUR25 million investments.

Puiu Popoviciu, 49, also owns Howard Johnson, Ramada Plaza and Ramada Parc hotels as well as restaurant chain KFC.

Newspaper website: www.zf.ro