Shareholders will discuss the proposition in a meeting scheduled for August 14, the company said Thursday.

Argus is controlled by regional investment fund SIF Oltenia (SIF5.RO), with 55.7% of the shares, and investment fund Business Capital for Romania Opportunity Fund Cooperatif, which controls 29.61% of the shares.

Argus registered turnover of 146.5 million lei (EUR32.8 million) in 2012, down 36% on the year, and loss of about RON21 million, from profit of RON6.5 million in 2011.

In the first quarter of 2013, Argus reported turnover of RON14.1 million and loss of RON4.5 million.

On the Rasdaq market Tuesday, Argus closed down 4.69%, at RON2.601 a share. (EUR1=RON4.4298)

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