„Shareholders and investors are informed about the decision of the Board of Directors no. 98/09.11.2023 through which the Board of Directors approves the mandate of the executive management in order to start preparations for considering a potential division of the company, respectively a division of the real estate activity from the production activity (hiring experts, consultants, notary contact, financing banks discussions, etc.),” reads the company’s report.
The company ended the first half with RON404 million turnover, up 7%, and RON9.2 million net profit, double the level of the year-earlier period. The group’s consolidated turnover went up by 7% to RON406 million and profit climbed to RON8.3 million from RON4.1 million in 1H/2022.
Compa Sibiu has a RON140 million capitalization and in 2023 its shares have added 63%.
(English version by Catalina Apostoiu)