Active International stockholders will meet to discuss the withdrawal of the firm’s license and its disbandment, said Petrisor.
The brokerage firm is in talks with Tradeville on the transfer of brokers, she added.
Active International is a small Bucharest bourse broker, with transactions of 52.8 million lei (EUR11.6 million) and a market share of 0.28%. In 2010 and 2011, Active International brokered deals worth RON57.8 million and RON175.1 million, respectively.
Active International is 80.39% owned by U.S. company NCH Investor Services, while state-owned postal company Posta Romana controls 19.6% of the shares.
NCH’s operations in Romania are coordinated by Romanian businessman Siminel Andrei. NCH administers several assets on the local market, including Libra Internet Bank and investment fund Broadhurst Investments.
In 2008, Andrei became majority shareholder of broker Vanguard, now Tradeville, after it bought 95% of the firm through Annaliesse Investments Ltd.
Active International switched to losses of RON46,000 last year, versus net profit of RON47,000 a year before. On the other hand, its turnover increased by about two thirds, to RON748,000. (EUR1=RON4.5339)