Former communist high ranking officials gathered their wealth from whet they used to hate during Communism: business.
Condemned as an “illegal regime” by the "Tismaneanu" Committee, the Communism consecrated the equality in poverty but not for the high ranking Communist officials. Out of the regime’s ashes came a few families of Communists for which the fall of Communism in Romania became a business opportunity .
A few of them are even better off than during Communism. They took advantage of whet they forbidden before 1989: the private initiative. Their power? Same as before : connections and information networls. Some of them gained influence next to politicians and ministers.
The departed Ion Dinca, former iron hand of the Ceausescu regime worked in his last years as a “consultant” for an IT company. The company was owned by his sons in law Nicolae Badea si Gabriel Popoviciu. Early ‘90, while Dinca was in prison as part of the CPEX lot , his sons in law established the basis of an IT company that was to be worth $700 million.
According to undisclosed sources, Popoviciu barely escaped his colleagues from the auto service where he worked who were looking for him to punish him for his father in la’s deeds.
Before working at the auto service, Popoviciu, worked on the seaside with a certain Radu Dimofte. During the 80s, Dimofte fled to the United States. He came back after the revolution and became one of the most important people on the real estate market .
The “seaside tandem” started doing business in Romania and brought some of the most “ imperialist brands” like Pizza Hut or KFC.
Today, the two, along with Nicolae Badea, control major investments in real estate, the IT industry and agro-foods industry.
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