German billionaire Hans Peter Stihl, owner of Stihl producer of power tools, with annual turnover worth above 2bn euros, visits Romania every two years and says the evolution of the domestic business has gone beyond his initial estimates because "Romanians have chosen to develop in the right direction".
Stihl group has succeeded in staying a family business since 1926 despite the countless takeover bids received from investment funds and companies operating on the same market because it has not resorted to banking loans and developed a network of dealers as close to customers as possible.
