Papalekas, through the company Corinthian Five, has designated the construction company Bog’Art controlled by the businessman Raul Doicescu to handle the demolition process, which need to be completed during July.

Porsche Aviaţiei is an auto centre where, during its ten years of work, nearly 26,000 Skoda and Seat cars were sold, with an estimated value of approx. EUR 450 million. The centre activity was moved in the showroom Porsche Nord, and the German group decided to sell the plot of land of 5,000 sqm to Papalekas, in a transaction estimated at approx. EUR 4 million. (source: