The Ministry of Economy wants to trigger the insolvency procedure for the Neptun Olimp company, listed on the stock exchange, with the intention of reorganizing the company. The company manages several hotel assets on the coast.
SIF Transilvania, a minority shareholder, wants to push the procedure further and trigger the dissolution and liquidation of the company.
A decision in this regard is to be discussed in August. The Ministry of Economy holds 52.2% of the shares, and SIF Transilvania has 41.1%.
Frequently Asked Questions
What is the Ministry of Economy’s plan for Neptun Olimp?The Ministry of Economy intends to initiate insolvency proceedings with the goal of reorganizing the company.
What does SIF Transilvania propose for the company?SIF Transilvania, the minority shareholder, is advocating for the dissolution and liquidation of Neptun Olimp.
Who are the main shareholders of Neptun Olimp?The Ministry of Economy holds a majority stake of 52.2%, while SIF Transilvania owns 41.1% of the shares.