English
Shareholders in the Brasov-based bearings manufacturer Rulmentul convened on Friday for an emergency meeting and decided to thumb down the motion to split the company into three or more parts. The decision was made 80,031,918 votes in favor and 45,700 abstentions.
The shareholders also denied the motion to split the face value of the shares from 0.22 RON to 0.1 RON and the motion to increase the share capital from 31.91 million RON to 65.83 million RON.
On March 6th, Rulmentul shareholders decided to dissolve the company and fire the 2,240 employees. In the meantime, the Bucharest Stock Exchange decided to move Rulmentul (RBR) from the regulated market to the unlisted securities market.
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