Roca Investments’ stake in Sinteza previously stood at 18%, as per stock market data.
In February 2025, Roca Investments conducted an accelerated private placement to sell its entire package of 11.9 million Sinteza shares, managing to sell 2.7% in Sinteza through an operation brokered by TradeVille.
Sinteza posted RON1.82 million consolidated loss in the first quarter of 2025, as the operating revenue of RON101,000 was unable to offset the operating expenses of RON1.86 million.
Shortly after reporting its first-quarter financial results, Sinteza announced its withdrawal from a EUR50 million investment project to develop a new facility for the production and testing of electrolytes used in making industrial batteries, co-funded via the National Recovery and Resilience Plan, jointly with US-based defense and aerospace company Lockheed Martin.
STZ shares have traded 48% lower so far in 2025 and 158% higher over the last 12 months, triggering a market capitalization of RON45 million. Sinteza is 34%-owned by alternative investment fund BT Invest 1 and 31% by Radu Pascu.