"Ana Electronic contributed 359 million lei (around $229,000) for a 51 percent stake in the Bucharest-based soccer club Rapid," company president George Copos said Thursday.
Ana Electronic has a thriving business as exclusive dealer for South Korean electronics giant Samsung. The company also runs confectionery shops and bakeries across the Balkan country.Its turnover amounted to more than 25 billion lei ($159 million) in 1993, Copos said. Similar figures for 1992 were unavailable.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
