Investment funds exit from poultry industry
RAEF and Romanian Investment Fund just announced their exit from the Tec Holding by selling their part to a local business person. Tec is one of the first movers as being an integrator in the poultry industry and last year it had EUR 43 mil. in sales. Presently, with more than EUR 20 mil in debt they have some financial problems. The Achile heel -- high scores of working capital needs in the industry. Apparently they need about 8 mil. to put the business afloat. Tough times for Marius.
Do you have anything to say? Fill in the below
(required)

(required)

Your email address will be confidential and spam protected


...in case you have one



(required)

please type the word you see in the above picture.


Text Html