The petition was granted after Nemo Express announced in a report to the Bucharest Stock Exchange in September, where it has a bond issue listed, that shareholders Dan-Dumitru Serbanescu and Capital Fleet Services SA had transferred all their shares to Florian Stanila, who became the sole owner as of September 9, 2022, after serving as the sole manager of the company previously.
Prior to the transaction, Stanila had 10% in Nemo Express, while Serbanescu owned 51% and Capital Fleet Services 39%.
Nemo Express slipped into the red in 2021, with a RON1.9 million loss, from a RON4.1 million profit in 2020, while the revenue stood at RON137.9 million, an increase of 17%, ZF found from Finance Ministry data.
Nemo Express Logistic posted RON7.1 million loss in the first half, compared with RON2.8 million in the year-ago period, as well as RON65 million revenue, down 0.84% year-on-year, according to ZF’s calculations based on the unaudited financial report submitted to the Bucharest Stock Exchange.
The company also cut the number of employees from 386 in Jun 2021 to 286.
(English version by Loredana Fratila-Cristescu)