Romanian businessman Dinu Patriciu denies selling 49% of Mic.ro retail chain

Romanian businessman Dinu Patriciu, who owns Mercadia Holland BV, has recently denied selling a 49 percent stake in the company to an American investor, according to Money.ro. The rumors appeared recently in the Romanian media due to some Mic.ro stores in Bucharest being closed. “The information is not real. What is real is that I will refinance it. I can’t give you any more details,” said Dinu Patriciu, quoted by Money.ro. However, the businessman said that the Mic.ro stores that are currently closed will remain like that until the new business plan is made, while other stores will change their program. Mercadia Holland BV owns the Mic.ro convenience stores chain, the Macro discount network, Bet Arena Cafe betting houses and the Bio Good ecological products chain. For 2012, the company plans a turnover of EUR 1.5 billion, Dinu Patriciu announced in September 2011. Irina Popescu, irina.popescu@romania-insider.com (photo source: Mic.ro)