ZF English

Stolojan could invest on the SE and in a private clinic

09.05.2007, 18:15 9

The son and daughter of Theodor Stolojan, leader of the Liberal Democratic Party, could invest the money collected from the sale of the Clabucet Sosire (Clabucet Arrival) hotel complex in Predeal, on the Stock Exchange and in the opening of a private clinic. "The sale contract for Clabucet Sosire has not yet been signed, so these are possibilities. However, we are not considering any other investment options. My daughter could open a private clinic, and my son could invest the money on the Stock Exchange," said Theodor Stolojan. The sum collected for the 90% stake could amount to eight to ten million euros, according to information from the market. Theodor Stolojan's children Vlad Stolojan and Ada Palea, each own 45% in Pavcrib, the company which manages Clabucet Sosire, while the remaining 10% stake is held by the company's manager, Vasile Pavan, according to Stolojan. The president of the Liberal Democratic Party did not wish to specify the exact value of the contract. "I would rather not reveal the sum," he told.

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