Cristian Constantinescu, one of the most discreet local entrepreneurs, known for having co-founded and then sold Noriel, has shifted to the beauty field. Thus, starting 2017, he has developed natural cosmetics shop chain Nala, which has reached 50 units in Romania.
Lion Capital (LION.RO) on Monday notified investors on the Bucharest Stock Exchange about its board of directors approving the sale of the entire stake in Azuga Turism (98.94%), consisting of 786,882 shares, to Electric Planners in a EUR9 million deal.