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Constantin Iavorski
$40mn
Oil trading
Iavorski (66) is the wealthiest Moldovan in Romania. His group, Unicom, deals mainly with petroleum products trading, entering the bunker- ing market in 1999. Iavorski served as minister
of energy in Moldova during the 1990s, after the collapse of communism.
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$170mn Finance
Aleksandar “Aco” Djukanovic
The businesses of Djukanovic (55), the younger brother of Montenegro’s veteran leader Milo Dju- kanovic, include a majority stake in Prva Banka. The bank, privatised in 2006, was described by OCCRP as the “personal ATM” of Montenegro’s first family.
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$55mn
Transport, tourism, mining and metals
Veselin Pejovic
Pejovic (41) started his business in the early 1990s with a trucking company named Uniprom, later branching out into tourism, transport, industrial production and commerce. Recently Pejovic acquired bauxite mining company Rudnici Boksita and aluminium smelter KAP after they were nationalised – leading to a messy interna- tional legal dispute with Russian oligarch Oleg Deripaska.
ROMANIA
1
Ion Tiriac
$1.1bn
Real estate, finance, transport, energy
Tiriac (77) is the only Romanian included in the 2017 edition of the World’s Billionaires ranking released by Forbes. A former tennis player and coach (he discovered Boris Becker), Tiriac, known as the “Brasov bulldozer”, has built Tiriac Hold- ings into a conglomerate of than 40 companies
in diverse sectors such as real estate, financial services, leasing, air transport, energy, security and protection services.
2
$1bn Retail
Dragos and Adrian Paval
The Paval brothers – Dragos (50) and Paval (48) – have built a DIY empire, which in 2016 became the first company 100% controlled by local en- trepreneurs to exceed €1bn in turnover. Opening their first shop with a floor area of just 16 square metres in 1992 in Bacau, the brothers now run a network of 45 stores employing more than 9,200 people, and have seen off competitors such as Baumax and OBI from the Romanian market.
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$555mn Telecoms
Zoltan Teszari
Zoltan Teszari (46) – known as “the billionaire without a face” or the “invisible billionaire” – controls Romanian diversified telecom opera- tor RCS & RDS. The telecom, which is planning an IPO this May, is the market leader in Roma- nia in cable television and internet services.
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