“The mandate is granted for a period of 12 months from the date of the adoption of this decision by the Extraordinary General Meeting of Shareholders of BVB,” the report reads.

BVB posted RON1.48 million consolidated net profit in January-June 2025, 83% lower than in the year-ago period, whole operating revenue shrank by 4% to RON37.2 million. Operating expenses rose from RON31.8 million to RON37.7 million.

BVB shares have traded 21% lower over the last year, amid deals worth RON85 million and a market capitalization of RON350 million.