COFCO, the billionaire grain trader

Until 2017, the company now called COFCO International România SRL was called Nidera România SRL. But one year before, the grain trader Nidera, owned by a Dutch family, became 100% the property of COFCO (prior, COFCO had bought 51% of Nidera for

A giant steps in: Bank of China

Bank of China officially entered the Romanian market, as a branch of Bank of China Hungary, in December 2019, and marked the moment with a festive ceremony at the Bucharest Palace of the Parliament. According to data from the Ministry of Finances,

ZTE, Huawei’s very poor brother

Huawei’s very poor brother, ZTE România SRL, is owned, according to “The Official Gazette”, by “ZHONGXING COMMUNICATION (also known as ZTE CORPORATION, in English transliteration)”, as sole shareholder. The telecommunications company has solid business relations with national data and voice operators (such

Ilfov, the traditional Chinese trade base

Chinese trade is made in Ilfov. Traditionally, Ilfov county is the base of Chinese companies having trading businesses in Romania: from clothing and footwear to sanitary equipment and machinery. Chinese trade is made in Ilfov In Afumați, a locality in Ilfov, ten

Western cars, Chinese parts made in Romania

Chinese NBHX Rolem, active in Romania. NBHX Rolem SRL (Codlea, Brașov) is owned by the sole shareholder NBHX Automotive System GmbH Germany (represented, at least since 2018 until the present, by its manager, Fuqing Lin). Chinese NBHX Rolem, active in Romania NBHX

The Lemnking of the business scams

Lemnking, a Chinese business scam, worked for many years in Romania due to authorities turning a blind eye to it. In 2004, the Social Democrat deputy Aurel Gubandru was proudly presenting within the Chamber of Deputies the effects of a visit in

F&J, the story of a Chinese business ghost

The Chinese group F&J has been present in Romania for over 20 years. AT least according to their own website: “F&J Europe, part of F&J Group, began operation on Romania market in the mid 90′s, forming one of the group’s strongest profit

Not so bright Chinese solar parks in Romania

Two Chinese men established a small group of companies operating in the field of renewable energy in Romania. But the Chinese solar parks in Romania are not big business. Zhang Chi owns Enertech Sun SRL, while Gao Jianjun – Euroasia Sun SRL.

How Chinese state money takes over private businesses

The Chinese investment fund CEE Equity Partners “performed the payment towards Brise Group, one of the largest agribusiness groups in Romania, within the transaction announced in April, for modernizing and developing the grain silos belonging to the Romanian group. Part of the