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Shareholders in beer producer Bere Azuga have decided to take a credit line from Raiffeisen within the limit of 1.6 million EUR, according to NewsIn. At the end of 2006, the company acquired a loan from Carpatica Commercial Bank, totalling 3.3 million EUR and 150.000 RON. The three-year maturity loan was used to pay state debt and the company"s suppliers, according to company officials. During the same period, the credit line opened at Carpatica was extended from 400.000 RON to 800.000 RON. In the first quarter of 2006, the company reported a loss of 235.700 RON on revenues of 20.7 million RON.
The company"s share capital is 5.9 million RON (1.73 million EUR), divided into 2.352.833 shares with a afce value of 2.50 RON. The majority shareholder is Moraru Valeriu, holding 52.36% in the company, according to recent data published on Rasdaq. Significant shareholders are Rombas Trans International SRL (20.09%) and Friederich Ipsen (12.81), as reported on September 6th, 2006. Bere Azuga shares are listed on Rasdaq, under the symbol BEGY.
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