ARMATURA
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Companies
Microfruits Buys 86% in Armatura in Unexpected Deal
Microfruits, controlled by entrepreneur Adrian Racovita, has bought the majority stake of 86% in Cluj-based faucet producer Armatura, in a deal valued at RON5.5 million.
Capital Market
Armatura Cluj Wants To Shut Down Two Foundries, Lay Off Staff
The management board of Armatura Cluj-Napoca (ARM.RO) is requiring shareholders' approval to shut down its brass and cast iron foundries and lay off the employees.