Business in Romania blog
The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.

Wednesday, November 10, 2004
Business in Romania blog
A lot of comments and speculations these days about the cable company ASTRAL Romania. The company could be sold to a foreign investor and this possible sell has generated a lot of speculations lately.

The most important companies interested in buying Astral are: Hicks Muse Tate & Furst from USA (HMTF), AIG - Emerging Europe Infrastructure Fund (AIG-EEIF), Credit Suisse First Boston Private Equity and Polish Entreprise Fund. Also, a very important player might be United Pan-European Communications (UPC), a cable company that is present also in Romania.

According to the market analists, the greatest chances are for UPC to buy ASTRAL. UPC has over 10 milion clients world-wide and has a good presence in Eastern-Europe. In Romania, UPC has a market share of about 10%.

Still, the other interested funds are large companies world-wide and might be able to make a better offer than UPC.

The total value of Astral might be around 230 milion EURO. Astral forecasts a revenue of about 70 milion EURO for Astral for 2004 and a profit of about 30 milion EURO. Astral has a current market share of about 24%, while the other large competitor on the market, RDS / RCS has a market share of about 29%.

Posted by Mihai Botea : 11/10/2004 01:14:00 pm Who will buy ASTRAL?
Business in Romania blog
Business in Romania blog

Business Archives

06/01/2004 - 07/01/2004
08/01/2004 - 09/01/2004
09/01/2004 - 10/01/2004
10/01/2004 - 11/01/2004
11/01/2004 - 12/01/2004
12/01/2004 - 01/01/2005
01/01/2005 - 02/01/2005
02/01/2005 - 03/01/2005
03/01/2005 - 04/01/2005
04/01/2005 - 05/01/2005
05/01/2005 - 06/01/2005
06/01/2005 - 07/01/2005
07/01/2005 - 08/01/2005
08/01/2005 - 09/01/2005
09/01/2005 - 10/01/2005
10/01/2005 - 11/01/2005
11/01/2005 - 12/01/2005
12/01/2005 - 01/01/2006
01/01/2006 - 02/01/2006
02/01/2006 - 03/01/2006
This is a Flickr badge showing public photos from Mihai Botea. Make you own badge here.

Add Business in Romania to My Yahoo!

Previous Posts


Business in Romania Feed Burner

Business in Romania is powered by Blogger

This website is proud to be designed by Mihai Dragan

I usually listen to THIS kind of music.