Iulian Stanciu Sells Flanco to Greek Group PPC
Greek group PPC, which in 2023 took over Enel Romania operations, has signed an agreement to buy electro-IT retailer Flanco from entrepreneur Iulian Stanciu, who own 98% of shares, and Dragos Sirbu, with a 2% stake, in a deal valuing the company at EUR35 million.
How sure are we
Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.
Who reported it
[Claude] Both reports cover the same deal in which PPC (via Kotsovolos) acquires Flanco from Iulian Stanciu and Dragos Sirbu, with no conflicting facts.
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What moves the score
Not in the score: AI checks and reader flags. Verified is separate: two or more independent outlets and a score of at least 65%.
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