Timofte is general manager of Transilvania Constructii and son of Mircea Timofte, the company’s chairman.
The shares were acquired by firm Parc Logistic Transilvania at a price of RON62 per unit, SSIF Broker (BRK), which brokered the transfer, said in a statement Friday.
SIF Crisana-Banat currently holds 1.2% in Transilvania Constructii and the Timofte family controls 81.23% of the shares.
On the Bucharest stock market Friday afternoon, Transilvania Constructii was trading up 1.02%, at RON59.6 a share. (EUR1=RON4.4502)