Romanian Lottery's Auction For EUR10m Training Center Cancelled
Romania's National Contestation Resolution Council (CNSC) and Bucharest Court of Appeals have decided to cancel an auction held by the Romanian Lottery for the construction of an employee training center in Busteni, a contract worth 41.7 million lei (around EUR10 million).
The auction was contested by CMV Real Invest SRL Bucuresti, a business and management consultancy company controlled by two people – Marin Valcea and Vlad Valcea. In 2009, the company had a single employee and posted turnover of RON837,410 and net profit of RON394,354. Data for 2010 is not available on the websites of the Finance Ministry or Trade Registry.
The auction announcement was published by the Romanian Lottery in early September, and the offers were to be opened on October 14.
The center would have improved the Lottery’s activity, by increasing the training of all its employees, according to the tender book. It would have been built on a 10,000-square meter plot of land in Busteni, a mountain resort in Prahova county.
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