The stake is assessed at nearly EUR5 million.
Earlier this week, investment fund SEB Investment Management AB of Sweden lowered its stake in Purcari Wineries from 8.45% to 4.81%.
Purcari reported revenues of RON199 million in 2019, up 18% on the year, and a net profit of RON44 million, down 5.5% on the year, according to its preliminary earnings report.