Ioan Ciolan, Ambient: We need 300 million euros to expand - Azi

All news

Construction supplies distributor Ambient, controlled by businessman Ioan Ciolan could raise approximately 300 million euros from banks to finance the expansion of the store chain, which currently numbers 14 stores, according to the latest data available.

The company therefore upped the ante in terms of investments needed for expansion, considering the construction supplies distributor announced at the end of last year that it would allocate some 130 million euros from 2008 through 2010 to open...

Read the whole story in: Ziarul Financiar