Dafora reached an agreement with its creditors on Monday, which allows it to reduce its monthly payments for one year. Under the agreement, Dafora also undertook to take some financial restructuring measures.
The company’s creditors are Banca Transilvania, BCR, BRD, Bancpot, Royal Bank of Scotland, Alpha Bank, Volksbank, ERD Leasing, BT Leasing Transilvania, BCR Leasing and NBG Leasing.
Dafora officials could not be reached for comment on the value of payment obligations to its creditors.
End-September 2013, Dafora’s loans and its debts incurred under financial leases stood at RON100.7 million (EUR22.8 million).
Businessman Gheorghe Calburean is Dafora’s largest shareholder, with a 49.96% stake.
On the Bucharest Stock Exchange Friday, Dafora traded up 0.37% at RON0.027 a share.