Practic Bucuresti, one of the largest owners of street-level retail space in capital city Bucharest, reported a net profit of RON24 million in 2019, the latest year for which official data are available.
Stock market data show that Radu Dimofte owns 48.4% of the company’s share capital, Caicos Islands-based International Business&Trading Corp owns a 32% stake and WellKept Group Bucuresti holds 12%.
Practic Bucuresti has a market capitalization of RON371 million and its shares have been trading up 0.8% since the beginning of 2021, amid deals worth RON50,740.
Radu Dimofte is shareholder in several local businesses, including in the company that holds the licence for KFC and Pizza Hut Romania, and is known for his involvement in retail project Baneasa Shopping City.