Rasdaq market will be abated in October and issuers listed on this segment will have to transfer to a regulated market or an alternative trading system (ATS) or will be delisted.
Stoica owns 90.8% in Electroputere VFU, formerly Remarul Pascani, through Grup Feroviar Roman (GFR). Remarul Pascani changed its name after Stoica bought the locomotive manufacturing division of Electroputere Craiova (EPT.RO) at the end of 2012.
Electroputere VFU manufactures, repairs, upgrades and trades train cars. The company buys passenger train cars which it upgrades and then resells.
Other companies which announced Friday their delisting are: Mecanpetrol Gaesti (MEGY.RO), Constructii Sibiu (CONR.RO), Cozia Forest Ramnicu Valcea (CFOR.RO), Avicola Slobozia (AVSL.RO) and Vest Energo Bucuresti (VESE.RO).