US media holding buys road constructor
September 2009 - From the Print Edition
Radio and TV broadcasting and mixed interest group Emerging Media Holdings has bought 60 per cent of Romanian-based road construction and rehabilitation firm Genesis International for around 3.5 million Euro. “This will allow us to participate in the lucrative infrastructure opportunities expected to support growth in Eastern Europe,” said Iurie Bordian, CEO of Emerging Media Holdings. Emerging Media Holdings is the US parent company for TV advertising and production companies in the region, specifically in the Republic of Moldova. Last year the holding group bought Way Media, a Romanian outdoor advertising company.
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