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Professional Association of Cable Manufacturers in Romania has new leadership and strategic directions

Professional Association of Cable Manufacturers in Romania has new leadership and strategic directions
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CONTESTED OWNERSHIP TRANSFER A debatable ruling heats up the battle for the management of Electroargeş SA


GHEORGHE IORGOVEANU (Translated by Cosmin Ghidoveanu)
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The case of the rejection by the Financial Oversight Authority of the public tender offer for the majority block of shares is far from over. Especially since for today are scheduled to happen the General Ordinary Shareholder Meeting and the General Extraordinary Shareholder Meeting of Electroargeş SA. Some of the items on the agenda also include the election of a new Board of Directors, as well as of the new chairman of the Board of Directors of the company.
Because, by the deadline - April 21st, 2021 15:00, no other bids had been made save those submitted by the management of Electroargeş SA, it seems the only option for shareholders is to keep Constantin Ştefan as chairman of the Board of Directors. ....

Romania General , Cristian Gheorghe , Preluarea Electroarge , D Cristian Gheorghe , Sebastian Bodu , Bucharest Stock Exchange , European Union , European Commission , Bran Oil , High Court , Financial Oversight Authority , General Ordinary Shareholder Meeting , General Extraordinary Shareholder Meeting , Benjamins United , Extraordinary General Shareholder Meeting , Investments Constantin , Depozitarul Central , County Court , Civil Code , Central Depository , Constantin Relative Investments , English Section , ரோமானியா ஜநரல் , கிறிஸ்டியன் க்ஹார் , புக்கரெஸ்ட் ஸ்டாக் பரிமாற்றம் , ஐரோப்பிய தொழிற்சங்கம் ,