PIF Industrial bought the shares in a public offering on the Bucharest Stock Exchange that targeted the sale of 6.4 million shares at RON0.55/share. PIF Industrial previously owned 3.7% of Cemacon and now owns 9.3%, while Dedeman owns 40.77% of Cemacon.
Cemacon posted a net profit of RON13.2 million in 2017, 58% higher than in 2016, and a turnover of RON94.22 million, 8% higher than in 2016.