Ovidiu Tender

Ovidiu Tender (born 1956, in Timişoara) is a Romanian businessman. Through Tender SA, he controls several companies that carry on in fields such as: energetic, oil and gas industry services, geological prospecting, road infrastructure, real estate, agriculture, tourism and aviation.[1] He owns an airline flying in areas like Romania, Greece, Senegal, Ivory Coast through Ten Airways company.[2] Tender companies also work in Middle East, India, North Africa and Europe. The Prospecțiuni Company has businesses in Iran, Morocco, Portugal, India and Greece. In Serbia, Tender bought a medicament production company, a telecommunication company, a spa resort and a tobacco fermentation factory. He owns International Hotel in Timișoara, through his Intercenter Service Company,[3] a hotel in Greece, on Aegina Island, and the Johann Strauss Hotel in Bucharest.

In June 2015, Tender was sentenced to twelve years and seven months' imprisonment in a fraud and money laundering case involving the illegal acquisition of Carom SA Oneşti.[4]

Business Strategy

The main business goal of the Romanian businessman is the profitability of companies in a precarious financial situation. Therefore, over time, Ovidiu Tender bought more bankrupt companies and then later sold them to other companies. In this respect, the businessman sold, in 2007, to the PPF Investment Fund the insurance company Ardaf for 35 million euro.[5] In 2008, Tender sold to the American Oil Services Company Weatherford the Atlas Gip company for 16.8 million euro.[6] In 2009, the businessman sold the Covasna Hotel in Neptun for 1.2 million euro to the businessmen Nicolae and Ion Dusu, from Constanta.[7]

Africa

Starting 2009, Ovidiu Tender turned his attention to the African continent, In Senegal and Gabon the businessman announced that he plans to grow, on large areas of land, Jatropha, a bush tree that can be used for making biodiesel fuel.

"I started a long term agriculture investment program in Senegal and Gambia. In this respect, I leased 30.000 ha of land in Gambia and 100.000 ha of land in Senegal. I will grow Jatropha. By processing this plant, also called the oil tree, you get an oil that is used to make biodiesel fuel. I want this kind of holdings in other countries like Guinea- Bissau or Guinea-Conakry. On a 10 years term, I plan to hold a million ha of agricultural land with this technical plant. I estimate an investment of 400-500 million dollars only for the Jatropha holdings", Ovidiu Tender stated, for cotidianul.ro.[8]

Ovidiu Tender also obtained the leasing of four mine lands: Binia, Bafoundou, Laminia and South M'Bour. The holding contract will run for eight years with the possibility of extinction for 25 years. The holdings include gold, copper, nickel, platinum, zirconium, iron ant other ores. Although he avoided estimate the Africa investment value, Tender says that this value could amount to tens of millions of euro, especially because other fields of activities could be involved. "At this moment, in first phase, is hard to estimate what these investments could mean, in terms of money. For example, right now we study the pharmaceutical market in Senegal, where there are two medicament factories", the businessman stated for the Money Express magazine.[9]

Poli Timisoara

In 2008, Ovidiu Tender was very close to buy Poli Timisoara football team, but the transaction didn't occur. "As a Timisoara citizen I can not remain indifferent to the football team future. I will discuss with the local decision-makers and if the need requires I will take over the Poli Timisoara football team. I did not discuss with Marian Iancu, the football team owner, the sale price, but I will pay the necessary price. I wish for Poli Timisoara to remain a top team in the championship, not a platoon one. That is why I would like to settle with the local decision-makers a long term development strategy for the football team", stated, at that time, Ovidiu Tender.

Charity Activity

Ovidiu Tender has an intense charity and humanitarian activity through the Tender Foundation. This organization has supported more Romanian important artists, donated important amounts of money to the Bucharest Blind Center, contributed to the restoration of the "Ion Dacian" Operetta Theatre in Bucharest, which was devastated by a fire, and so on.

Personal life

Ovidiu Tender is married and has three children.

External links

References

  1. ↑ Tender buys Eurostrades and extends on road construction, money.ro, November 4, 2009
  2. ↑ Tender How to make business in Africa, money.ro, January 18, 2010
  3. ↑ Tender will invest 5 million euro in a hotel in Timisoara, wall-street.ro, September 26, 2008
  4. ↑ (Romanian) Georgeta Ghidovăţ, "Afaceristul Ovidiu Tender a fost condamnat la 12 ani de închisoare", Evenimentul Zilei, June 8, 2015
  5. ↑ Tender sells Ardaf Cluj for 35 million euro, wall-street.ro, March 2nd 2007
  6. ↑ Tender sells Atlas Gip and invests the money in other businesses, wall-street.ro, July 17, 2008
  7. ↑ Tender sells Covasna Hotel in Neptun, mediafax.ro, June 12, 2009
  8. ↑ Tender does agriculture in Africa, May 30, 2011
  9. ↑ Tender the African, moneyexpress.money.ro, August 10, 2010
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