The company Turism, Hoteluri, Restaurante Marea Neagră, stock symbol EFO, has summoned shareholders on February 19, 2024, at 11:00 AM in Eforie Nord, Traian Street no. 1 B, to approve the contracting of a medium-term credit from Banca Transilvania amounting to €4 million.
According to the convener, the loan will be secured by a first-rank real estate mortgage on the properties, buildings, and related lands of the Semiramis Complex and Tosca Complex in the Saturn resort.
The meeting agenda also includes an item regarding the approval of changing the company’s registered office to Eforie Nord, Traian Street no. 1 B, Lot 1, ground floor, commercial space no. 1 and no. 3, as well as the approval of the sale and sale conditions for certain properties from the company’s assets.
Furthermore, the ratification of certain leases meeting the conditions set out in Art. 91 para. (2) of Law no. 24/2017 regarding issuers of financial instruments and market operations will be submitted for approval.
On January 16, 2024, it was noted that in 2022, THR Marea Neagră SA had a turnover of 45,383,547 RON and 195 employees.
The majority shareholder of THR Marea Neagră SA is Transilvania Investments Alliance SA, which holds 78.7985% of the company’s shares.
Frequently Asked Questions
What is the purpose of the shareholder meeting?
The meeting aims to approve a €4 million medium-term loan from Banca Transilvania and discuss asset sales and a headquarters relocation.
Which assets are being used as collateral for the loan?
The loan will be secured by first-rank mortgages on the Semiramis and Tosca complexes located in the Saturn resort.
Who is the majority shareholder of THR Marea Neagră?
Transilvania Investments Alliance SA is the majority shareholder, holding approximately 78.8% of the company’s shares.