transaction

Maltese group Hili Ventures has acquired, through its division Premier Capital, the building ART Business Centre, from FBC Exclusiv Company, according to law firm Suciu Popa, which assisted the transaction.

Romanian prosecutors Thursday detained businessman Sorin Ovidiu Vantu after information provided by authorities in Cyprus and Indonesia last week showed Vantu was transferring money to fraud-convict Nicolae Popa, who fled the country after being sentenced to 15 years in prison.