Antena 3 CNN Romania Ioan Niculae closed down his empire. Thousands of people have lost their jobs

Ioan Niculae closed down his empire. Thousands of people have lost their jobs

<1 minut de citit Publicat la 13:48 12 Sep 2015 Modificat la 13:48 12 Sep 2015
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Billionaire Ioan Niculae closed down his industrial empire. Thousands of people lost their jobs after all six fertilizers factories owned by the Interagro group were closed this year.

Only a few dozen workers stayed to overlook the installations conservation, the plants owned by Ioan Niculae had 7,000 employees.
InterAgro was the largest gas consumer in the country, with 3 billion cubic meters annually, more than the population needs of 2.5 billion cubic meters. Experts say that if these plants do not consume anymore, Romania will not be forced to import gas from Russia because domestic production is sufficient to use in winter.

The owner of InterAgro, billionaire Ioan Niculae, is in prison serving a sentence of two and a half years in the case " bribe for the PSD”.

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