English
Ruxir Market Ltd has acquired Turbomecanica Services, a subsidiary of the Bucharest-based Turbomecanica (BSE:TBM), including the Turbotequila Club and the related land, both owned by Turbomecanica. In an announcement to BSE, TBM indicated that the decision to give up Turbotequila Club was part of a strategy to concentrate on the core business, namely the aeronautical industry. Technological investments are also part of this strategy and will be funded with the money obtained for the sold assets.
Some 3.38 million TBM shares were traded on Tuesday, with the price sliding -1.38% to 0.715 RON/share. On Wednesday, however, the price gained 1.40% to 0.725 RON/share, but on a significantly lower trading volume. TBM has a share capital of 36.94 million RON divided into shares with a face value of 0.1 RON. According to a management report dated May 31st, the significant shareholders include Radu Viehmann (25.87%), Dana Maria Ciorapciu (15.16%) and SIF Banat Crisana - Arad (8.45%).
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