Celco: Romanians don"t want to be bought by Romanians - Azi

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Nicolae Dusu, chairman of Celco Constanta, the biggest Romanian-held company on the aircrete market says that he has been probing the market in search of potential acquisition targets but "Romanians do not want to be bought by Romanians".

Celco, whose annual growth rate stands at more than 30%, estimates turnover to reach 33 million euros this year. Local aircrete manufacturers have been taken over by investment funds and strategic players over the last few years, because of the fast-paced...

Read the whole story in: Ziarul Financiar