Sorin Ovidiu Vantu is one of the richest Europeans (his fortune est. over 1 billion usd). Vantu is a Danube Delta lover, enjoys fishing and is very discreet in doing business in Romania. This is the reason why he often manages to surprise the general public when he comes out of the silence and talks business.
If you are doing business in Romania it is very likely to encounter at least a company owned by Vantu. Regarding mass-media, he owns a trust called Realitatea and from time to time he shows direct interest in the new business, acquisitions and even new media. Vantu personally talks to the employees about the Internet and about this â€œrevolutionâ€ and considers that this will be the field of great media battles in the future. He also encourages the journalists working for him to start writing blogs and this is the reason why we are going to see new personal websites in the near future at RealitateaTV, Cotidianul, 24Fun and so on. Starting this summer, Realitatea is also developing its websites so that in a year they would have quite an audience on the net.
Now, here is a very interesting fact for the Romanian readers of the blog: we all know that recently, ARBOmedia lost its TVR (The Romanian Television) contract to Splendid Media. Itâ€™s not easy to do this and lots of financial interests are at the middle. Imagine that the germans (ARBO) lost quite a big and strategic contract and it seems that Vantu has something to do with it. Iâ€™m not going the write about what exactly happened but I guess itâ€™s very interesting to find out that Sorin Ovidiu Vantu is behind Splendid Media.
Although the web division of Splendid Media (called Splendid Media Interactive) run by Eveline Fabritius had a poor start this year, it is very interesting to see all the elements of Vantuâ€™s new media grow and the moment when all of them will merge under a single management.