In its meeting on January 11, 2024, the Board of Directors of FLANCO RETAIL – S.A., also approved, among others, amendments to the mandate contract concluded on December 17, 2020 between the Company and Dragos-Nicolae Sîrbu, as General Manager of the Company, and Board member Iulian-Gabriel Stanciu was licensed to sign it on behalf of the Company.
Iulian Stanciu is the company’s majority shareholder, with an ownership stake of 95%, and, since December 2020, a stake of 5% has been held by Dragos Sirbu.