At end-2023, COMCM had a market value of RON38-39 million.
CMCM shares have gained nearly 15% each of the last 13 trading sessions, out of a total 14 cso far in 2024.
Contacted by ZF, stock market brokers could not explain what could have led to the increase in shares, considering that the company only published at the stock market the financial calendar for 2024. Stock market data show that 57.2% of shares are held by COMCM, Constantin Fratila owns 11.7% of the share capital, Consulting & Construction Investments has a 10.1% stake, and Mihaela Fratila and Maria-Alexandra Cociu each hold a 10% stake.
Constantin Fratila is a former football referee and started to invest in the local capital market back in the 1999s-2000s, after the first stock market crisis, pumping nearly $400,000. Before the 2007-2008 financial crisis, Fratila had estimated his portfolio at EUR60 million, which was later reduced considerably by stock market declines.