The total turnover of the analysed companies was EUR 161.7 million last year, with 6.5% growth, while the labour registered was 3,140 employees.

Although the portfolio of the two businessmen includes also the networks Pizza Hut and KFC, the Howard Johnson hotel and the office building Dorobanţi 239, former headquarters of Petrom, „the gem“ of the portfolio remains Băneasa project, where the companies Băneasa Developments and Băneasa Investments registered total profit of over EUR 20 million.

„2012 was a changing year for Băneasa Developments, including the implementation of several systems and certain reorganizations“, has declared for ZF Giorgios Argentopoulos, CEO Băneasa Developments. (source: