The company’s stockholders will meet September 1 to choose a new administrator for the remaining mandate of Weiler ending December 2016.
Dan Weiler stepped in an acting member with Ves Sighisoara’s Supervisory Board in August 2014, replacing Mihai Buliga who had resigned. In September 2014, Weiler’s position became permanent.
Weiler is equally the president of Conpet Ploiesti (COTE.RO) Board of Directors and member with the Board of Directors with regional investment fund SIF Banat-Crisana (SIF1.RO).
Ves Sighisoara posted sales of 32 million lei in 2014, slightly down on year, while its net profit was RON1.8 million, compared with RON1 million loss in 2013. In 2015, the company eyes sales of RON39 million and a gross profit of RON3.2 million.
Ves is held by Orastie-based Chim¬sport, with a 32.9% stake, as well as by Cyprus-based Aquadune Limited, with 17.1%. The rest of the 50% stake is held by minority shareholders.
(English version by Manuela Panescu)