MG-TEC
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Tissue Paper Maker MG Tec Industry Borrows EUR7.5M from Garanti BBVA for Business Development
Garanti BBVA granted a EUR7.5 million loan to Dej-based MG Tec Industry SRL, the leading Romanian producer of tissue paper.
Competition Council Greenlights Acquisition Of MG TEC By Sarmis And Lightspan
Romania's Competition Council has approved the transaction through which Sarmis Holding 4 SarL and Lightspan Management LTD intend to acquire MG TEC Industry SRL.
Abris Capital Partners: MG-Tec Deal Completed Really Fast
The deal whereby private equity firm Abris Capital Partners bought into tissue paper manufacturer MG-Tec of businessman Ioan Tecar took very little time to complete, only four months, says C...
MG-Tec Group Owner Expects 10% Growth In 2015
Romanian entrepreneur Ioan Tecar, owner of the Dej-based MG-Tec group with construction and paper operations mainly, expects 645 million lei (EUR146 million) revenue this year, an increase o...
Businessman Ioan Tecar Invests EUR20M To Double Output At Dej Plant
Businessman Ioan Tecar, owner of group MG-Tec, which includes 10 companies, started a EUR20 million investment from own funds and state aid of EUR10 million to acquire and install a tissue p...
MG-Tec Sees Sales Down 14% In H1
MG-Tec Grup based in Dej (NW Romania) and controlled by businessman Ioan Tecar posted 179.6 million lei (EUR42 million) sales in the first half of the year, down about 14% compared to the sa...