These assets include the Brad-Bran-Bega Complex, Venus Complex, Minerva Hotel, Diana Complex, Jupiter Hotel, Grup Gospodaresc Eforie and Ateliere in Eforie Nord resort, Magura Complex, Bai Reci namol and Capitol Complex in Eforie Sud, Grup Gospodaresc Jupiter, Pelican Restaurant and 21,366 square meters of vacant land in Saturn resort.
“The sale of these assets will be carried out based on a procedure drawn up and approved by the Board of Directors that will lead to the collection by the company of the best price, a procedure that will contain at least the following stages: (i) the assessment of the asset, by a A.N.E.V.A.R certified appraiser., for the purpose of selling the property; (ii) the sale by public auction and the observance of the right of pre-emption provided for by the rental contracts (iii) the communication by means of a current report of the conclusion of the sale purchase contract/contracts, (iv) the detailing, in the annual report of the board of directors, of the stage leading to fulfillment of the asset capitalization program, with the appropriate reflection in the annual income and expenditure budget; v) the destination of the sums received following the sale of the assets will be determined by resolution of the general meeting of shareholders,” the company said in its notice to the Bucharest Stock Exchange.
THR Marea Neagra ended the first half of 2022 with a net loss of RON15.3 million, compared with a loss of RON11 million in the same period of 2021, on total revenue of RON3.2 million, half the year-ago period level, according to data from the half-year financial report published on the stock exchange.
The company has RON112 million capitalization and its shares have gained 11.9% since the beginning of the year on a traded volume of RON4 million, Bucharest Stock Exchange data show.
(English version by Loredana Fratila-Cristescu)