Prospectiuni will also discuss on Eximbank issuing a state guarantee, whose value will be settled following an evaluation report.

The company also aims to open a unit in the Republic of Mauritius in order to “develop specific operations in the industry,” the company said in a report sent to the Bucharest Bourse, giving no further details.

Prospectiuni switched to losses of 6.1 million lei (EUR1.34 million) in the first half of 2012, after net profit of RON27.3 million in the same period of 2011. The company’s first half revenues dropped by 25.8%, to RON110.7 million from RON149.3 million, while expenses increased slightly to RON116.9 million. Turnover declined by 26.5% to RON102.9 million, from RON140 million in the first half of 2011.

The company is controlled by local businessman Ovidiu Tender, who owns 55.7% of the stock through Tender SA Timisoara. Investment fund SIF Muntenia owns 11.8%.

Tender is developing several businesses in Africa, targeting several sectors such as exploration and exploitation of resources, as well as services for drilling industry or constructions.

On the Bucharest bourse Thursday, Prospectiuni closed down 2.22% at RON0.145 a share. (EUR1=RON4.4816)