MICULA
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Romanian Government Allots Over RON900M to Unfreeze National Air Traffic Controller Income
Romania’s government decided in its cabinet meeting on Friday to allot RON912.5 million from its budget reserve fund in order to pay an executory title issued for the country’s air traffic control company Romatsa by the International Court of Arbitration, as p...
European Food Losses Reach RON387M
European Food, the largest producer of the group of brothers Ioan and Viorel Micula, posted 387 million lei (EUR86 million) losses in 2015, RON80 million higher than the revenue.
EC Orders Romania To Recover Incompatible State Aid Granted To Micula Brothers
European Commission has decided that Romania has to recover compensations granted to brothers Ioan and Viorel Micula following the abolishment of an aid scheme targeting investments in disad...
Micula Brothers Win Legal Battle Against Romania Over Unpaid Fiscal Incentives
Romanian entrepreneurs Ioan and Viorel Micula, owners of European Food&Drinks group, have won their legal dispute with the Romanian state regarding the cancellation of a series of fiscal inc...
Micula Brothers’ Business Back To 2002 Level
European Food&Drinks group based in Bihor County (northwestern Romania), the largest food industry business of the country in 2007-2008, posted EUR386 million revenue in 2011. The amount in...
Valvis And Micula Brothers Among Top Corn Farmers
Jean Valvis, the man who created the Dorna (mineral water) and LaDorna (dairy products) brands, and brothers Ioan and Viorel Micula, who own European Drinks group, are now among the top ten...