The loss estimated for this year almost equals the company’s cumulated losses in the last two years, of about RON40 million.

Impact’s shareholding structure includes Dan Ioan Popp, the company’s founder, with a 16.5% stake, investment management company East Capital, which owns a 10.1% stake via Cyprus-based Salink Limited, Impact executive manager Carmen Sandulescu, with a 9.69% stake, and three ING funds that own the remainder 5.18%.

Impact shares have been suspended from trading on the Bucharest stock market Monday and Tuesday. On October 12, Impact shares traded up 1.63%, at RON0.125 a share. (EUR1=RON4.5693)