“We inform the shareholders, the investing public, the Bucharest Stock Exchange and the Financial Supervisory Authority that between the Ministry of Transport and Infrastructure, as the Managing Authority for the Transport Program 2021-2027 and the company SOCEP SA as the Beneficiary of the financing, the Financing Contract no. 70/2024 was executed.

The object of the contract is the granting of non-refundable financing in a total amount of RON92,522,884.08 (ninety-two million five hundred twenty-two thousand eight hundred eighty-four lei and eight bani), in order to implement the project “Increasing handling capacity – Container Terminal”,” the company says in its report.

Socep is 61.2% held by Grupul DD, while Sammara Stere holds 12.44%. Socep shares have lost 28% since the beginning of the year, on a traded volume of RON6.5 million, Bucharest Stock Exchange data show.

(English version by Loredana Fratila-Cristescu)