RETRASIB SIBIU
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Capital Market
SGB SMIT International Launches Takeover Bid For Retrasib Sibiu, With Offer Price Of RON9.6M
German company SGB SMIT International, which owns 67% in Romanian power transformers manufacturer Retrasib Sibiu, has launched a takeover bid for Retrasib, with an offer price of RON9.6 million.
Capital Market
Retrasib Plans To Buy Back 10% Of Its Own Shares
Management at Romanian transformer maker Retrasib Sibiu (RTRA.RO) approached shareholders with a proposition to buy back at most 10% of the company’s shares, in an operation that could cost...
Energy
Retrasib 2011 Net Profit Dives To RON1.18M
Transformer maker Retrasib Sibiu (RTRA.RO) Wednesday reported a net profit of 1.18 million lei (EUR271,470) for 2011, compared to RON3.8 million in 2010.