The company seeks to raise money from shareholders by issuing up to 5 million shares to finance its day-to-day operation and investments planned for the coming period.

Agroserv Mariuta has a capitalization of RON70 million and is 67.5% controlled by Madalina Cocan, while Evergent Investments holds 11.44%. Its shares are up 14.8% since the beginning of the year, on the back of transactions worth RON889,000.

The shares have lost 38% over the past year, on transactions of RON6.1 million, Bucharest Stock Exchange data show.

(English version by Loredana Fratila-Cristescu)