Shareholders also approved the appointment of Lucian Timofticiuc as interim administrator for a four-month period, with the possibility of extension for up to six months forgood reasons.
The company will start the selection procedures for an administrator position that became vacant following the resignation of Cristian Vasile Grasu.
Antibiotice Iasi is 53% held by the Health Ministry and 18.9% owned by regional investment fund SIF Oltenia.
The company’s shares have been trading up 5.3% since the start of 2020, amid deals worth RON4.2 million, securing it a market capitalization of RON359 million.