Law firm Weizmann buys biggest local trademark registration agency

Law firm Weizmann has bought the biggest trademark registration agency in Romania, Ariana, for 1.2 million dollars. Ariana is a company set up in 2004 by Romanian shareholders in the wake of a minimal investment. The former shareholders say half a million dollars will cover the company's debts.
Ariana, with 0.5 million euros and 28 employees in 2009, owns www.inregistrare-marci.ro website, the biggest trademark search engine on the Romanian market. The company registered over 400 trademarks last year at OSIM (The State Office for Inventions and Trademarks).
"We had reached a level of development where we really needed international expertise. I will remain at the helm of the company at least over the next two years," said Radu Bozocea, one of the founders of Ariana. In addition to registering trademarks at OSIM the company provides intellectual property advice and assistance in disputes over trademark rights, monitors new trademarks on the market, and does trademark evaluation.