Dogan to expand business in Romania

Dogan said the group has not set an amount for investments, nor has it detailed plans on the matter. "Our target is to act fast, when we find a business opportunity. We will invest as much as necessary," she said.

Begum Dogan is the fourth daughter of Turkish billionaire Aydin Dogan, whose family controls the Dogan holding. She said the company will keep investing in the TV station, which is going to remain the core business of Dogan in Romania, but also plans to expand to the niche television segment, through "new projects and acquisitions.” The holding has 22 TV stations in Turkey.