The shareholders will decide if the company’s assets, excluding the buildings, will be sold and if the name will be changed to Imosint, reports local Wall-street.ro.

 

Sintofarm owns a factory in Bucharest. The company posted a turnover of EUR 1.3 million last year, down 13% from EUR 1.6 million in 2013. Its net profit dropped from EUR 224,000 in 2013 to EUR 105,000 in 2014. (source: Romania-insider.com)