Thus, the company has convened shareholders for December 19 to approve the sale of a 2,763-sqm land plot in Brasov and the building on Blvd. Garii 3A, in Brasov, where Unirea Shopping Center is located.

The company posted RON13.6 million net profit in 1H/2022, from net losses of RON36 million in 1H/2021. In line with ZF calculations based on company data, total revenues went up by 18% in 1H/2022, while expenses dropped from RON60 million to RON13.6 million.

The company has a RON178 million market value and is 80.3% controlled by The Nova Group Investments Romania, which is in its turn controlled by an offshore of the same name of the Netherlands.

(English version by Catalina Apostoiu)