The company has a market capitalization of RON11.5 million and is 42.44% owned by majority shareholder Mihai Lupu.
“Constructii Hidrotehnice Iasi announces the signing of a contract for the execution of works, in the amount of RON23.13 million, plus VAT, whose value exceeds 10% of the turnover included in the latest annual financial report. Works will start upon receiving the order for the start of works, issued by the beneficiary, and they will be carried out during a 670-day period”, the report reads.
Constructii Hidrotehnice had a turnover of RON30 million and net profit of RON484,000 in 2023.
The company’s shares saw deals worth just RON25,000 at the Bucharest Stock Exchange, so far in 2024, despite a high free-float of 41%.