Ilie Carabulea directly owns a 44.75% stake in the company, and another 43.2% stake through Atlassib company.
Sitex Dumbrava Sibiu has been listed on the Rasdaq market since June 1997 and is valued at RON7.96 million (EUR1.8 million).
In 2013, the company’s turnover nearly halved to RON126,000, while its loss totaled RON303,000, from RON255,300 a year earlier.
Carabulea was recently placed under house arrest for suspicion of bribery and influence peddling in connection to a case regarding the insurance company Carpatica Asig, part of the Carpatica banking and financial group, and late July, he was arrested.