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Blue Air attracts German group Zeitfracht as shareholder

The German group Zeitfracht has become a major investor in Romania’s biggest air carrier Blue Air, as it bought 10 percent of the company’s shares. Negotiations began at the end of 2018, while transfer documents were signed on December 12, 2018, according to a Blue Air statement. Subsequently, Zeitfracht performed all procedures provided by German law for acquisitions in foreign companies that were finalized this ...

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