EnglishShareholders in UPRUC CTR - Fagaras have decided to appoint Austrian-born Rainer Kurz as Director and amend the list of registered businesses by adding the wholesale of chemical products and intermediate products, brokerage in fuel, ore, metals and chemical products for industrial use and trade in miscellaneous products.
The company was privatized in 2003, when the majority package was sold to Nuclear Montaj - Bucharest for 951,500 ROL. UPRUC CTR - Fagaras designs and produces various fittings, t-shaped parts and reducers. Financial investment firm SIF Transilvania holds 31.54 per cent, whereas shareholders resulting from the Mass Privatisation Programme hold 6.893 per cent.
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