RISE Moldova: Secret holding company of a minister
Documents obtained by RISE from Italy, Cyprus and Romania reveal that Minister of Transport Iurie Chirinciuc controls Cavio, an Italian furniture holding company, via a close family associate. Another set of documents shows how people who represented Chirinciuc’s interests were appointed deputy ministers in his ministry.
CAVIO HOLDING – ITALY
The Italian company Cavio SRL sells luxury furniture on three continents. Its major factory is located in the province of Verona in Italy. Cavio owns two commercial outlets in Italy, one in Moldova and six in Ukraine. Its furniture is sold in more than 30 countries through official dealers and permanent retailers.