The stakes that changed hands account for about 78% in the company and overlap with the interests of Transilvania Investments Alliance (49.99%) and Infinity Capital Investments (28%). The buyer has not been revealed yet. The deals were closed at RON5.1 per share, 11.3% lower than the market price.
SIF Muntenia owns another 13.17% in Santierul Naval Orsova. The shipbuilder has a capitalization of RON65.7 million, after its shares have gained 15% this year on a traded volume of RON46.3 million.
It ended the first nine months of 2023 with RON82 million revenue, almost double the RON44 million in the year-ago period, switching from a RON2.3 million loss to a RON4 million profit.
(English version by Loredana Fratila-Cristescu)