EnglishShareholders in Constanta-based company Oil Terminal decided in the General Meeting held on February 5th the taking over of a 59,62% stake in the company, held by the Ministry of Economy and Trade, by the Authority for State Assets Recovery (AVAS). This measure was taken in order to apply the G.E.O. no. 101/2006 regarding the restructuring of AVAS through a merger by absorbtion with the Office of State Participation and Privatisation in Industry. The company has a share capital of 58.243.025,3 RON, divided into shares with a face value of 0,1 RON/share. Among the shareholders, besides AVAS, there is the Proprietatea Fund, holding 10% in the company.
AVAS Takes Over 59,62% In Oil Terminal From MEC
F.A.
Ziarul BURSA #English Section / 7 martie 2007
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