The announcement comes after the Extraordinary General Meeting of Shareholders of Roca Industry, held on June 22.
Electroplast, previously held by Roca Investments, had a turnover of RON133 million and a net profit of RON3 million in 2022, as per data from Confidas platform and the finance ministry.
Roca also announced “the takeover, as assignee, of the receivables held by Roca Investments against Electroplast, resulting from the loan agreements concluded by Roca Investments, as creditor, and Electroplast, as debtor, for an assignment price equal to the nominal value of the assigned receivables, respectively an amount of RON 10,589,241 (representing principal of RON 9,277,678 and interest computed until 30 June 2023 of RON 1,311,563),” the report reads.
Roca Industry further targets the transfer from the AeRO Market to the Main Market of the Bucharest Stock Exchange, and a share capital increase of RON150 million. In Q1/2023, Roca Industry recorded a consolidated turnover of RON82.3 million and a loss of RON5.5 million.
The company has a market value of almost RON150 million after its ROC1 shares have lost 1.3% over the last 12 months and 20% so far in 2023.