“To approve the list of amortized fixed assets proposed for scrapping and sale in 2023 and to empower the Board of Directors to approve their sale in 2024, in accordance with the legal provisions in force. The sale of all stakes held by Electroargeș SA,” the notice published on the Bucharest Stock Exchange says.
“Change of the name of Electroargeș SA to AETA Industria SA, according to the proof of availability of the name issued by the Trade Register Office,” is another item on the agenda.
Electroarges has a market capitalization of RON22 million. Its shares have lost 22% since the beginning of 2024. The company posted RON8.7 million revenue and RON3 million losses in the first quarter.
Its main shareholders are indirectly via other companies Roxana Scarlat (28.9%), Vasile Didila (22.6%) and Constantin Stefan (21.4%).
(English version by Loredana Fratila-Cristescu)