Nanulescu had previously held the position of Chief Executive Officer (CEO) of Antena Group. Also, he had been running the Business-to-Business Department of telecom operator Orange Romania for 10 years.
La Fantana has been present on the Romanian market for over ten years and sells bottled water for water coolers. The company has over 800 employees in Romania and Serbia, two factories in Romania (in Bucharest and Sibiu) and one factory in Mitrovo Polje (Serbia). La Fantana has over 40,000 clients in Romania.
In May 2007, investment fund Innova Capital, headquartered in Warsaw, bought 92% of La Fantana from Oresa Ventures and businessman Cristian Amza for EUR35 million. Innova Capital currently holds a 75.5% stake in La Fantana.
The company reported turnover of RON101.2 million (EUR22.7 million) for 2012, up 21% on the year, and 17.7% higher net profit, of RON11.4 million.