Romcab also wants to extend several existing credit lines from EximBank and Banca Transilvania (TLV.RO), as well as to borrow EUR2 million from Banca Comerciala Feroviara for a period of three years.
Moreover, the company is seeking shareholders’ approval to take out two new loans from EximBank and Banca Carpatica (BCC.RO).
The proposals will be voted at a meeting due June 6-7.
Car parts provider Sadalbari owns 69% in Romcab, while Citibank Nominee controls a 22.95% stake.
Monday, Romcab closed up 3.16% at RON5.23 a share in Bucharest. (EUR1=RON4.4099)