The company also estimates RON52 million expenses this year, down 5% compared with 2013, and targets RON11.3 million investments.

Cousins Niculae and Ioan Dusu indirectly own a 56.4% stake in Socep. DD group from Constanta, owned by businessmen Ion and Nicolae Dusu, holds 31.8% of Socep’s shares.

Socep last traded in Bucharest Monday, at RON0.1854 a share. (EUR1=RON4.4503)

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