Market sources say the negotiations can either lead towards a lease or to the sale of the center. When asked by ZF for comment on the information, Tiriac Holdings representatives said ‘we will not confirm the information for the time being. If and when things become certain we will provide details on the issue.”
ATS is 85%-held by the former prime minister and current Senate president Calin Popescu Tariceanu, according to his personal financial disclosure statement submitted in June 2014, while the company’s manager, Bogdan Bucurescu, owns 15%. Calin Popescu-Tariceanu and Bogdan Bucurescu did not provide any comment by press time.
This deal would mean the exit of the former prime minister from the local car market, while keeping the Harley Davidson motorcycle business. Tariceanu invested EUR11.5 million in the center in Baneasa in 2007, which makes it one of the most expensive built in Bucharest so far.
(English version by Loredana Fratila-Cristescu)