Romanian businessman inaugurates single metre of motorway to demand better infrastructure

By bne IntelliNews March 17, 2019

Around 1,000 people attended the innauguration ceremony of the first metre of motorway in Romania’s historic region of Moldova on March 15. The event was accompanied by 15-minute protests organised, at the same time, around Romania.

The first metre of motorway in eastern and northeastern Romania was buit, at his own expense, by a businessman residing in the town of Suceava.

Stefan Mandachi, the owner of the Spartan fast-food chain, built the short “motorway” to protest the lack of infrastructure in that part of the country.

Mandachi had announced on his blog that on March 15 activity in all his 40 food shops will be halted for 15 minutes and expressed hope that other businessmen will join his protest.

Many companies and mayors announced they will join Mandachi’s protest.

“I have never lived such moment of solidarity. We have a unique chance to restart Romania,” Mandachi said during the opening ceremony, Hotnews.ro reported.

The representation of the European Commission in Romania also joined the protest. “Coffee break for motorways,” it wrote on its Facebook page.

However, the businessman from Suceava was harshly criticised by the leader of the ruling Social Democratic Party (PSD), Liviu Dragnea, who announced that work on a motorway in that region started that very day. “They are yelling, we are developing Romania,” Dragnea said, adding that the businessman could have donated the money.

Related Articles

Romania’s Hidroelectrica takes first steps towards IPO

Romania's biggest power producer Hidroelectrica launched a call for the acquisition of legal services related to listing its shares on the Bucharest Stock Exchange by an IPO that has been expected ... more

IFC, EBRD buy nearly half of Romania's first covered bonds from Alpha Bank

Alpha Bank Romania announced that it has completed its first covered (mortgage) bond issue worth €200mn with a maturity of five years, a first for the banking market in Romania.  With these ... more

Romania’s Sphera Franchise Group plans to raise €70mn loan

Romanian food service operator Sphera Franchise Group said on April 30 it plans to borrow up to €70mn through a bilateral, syndicated or club loan. Sphera’s portfolio includes brands operated ... more

Dismiss