Altur Slatina Plans To Sell Its Stakes In SIFs To Pay Back Its Debts

02.24.2017 By Ecaterina Craciun

Shareholders of Romanian car parts maker Altur Slatina (ALT.RO) will discuss, at their next general assembly, the sale of stakes held by the company in the five regional investment funds (SIFs) and the money will be used, firstly, for the repayment of some loans and the payment of raw material toward aluminum smelter Alro Slatina.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:
Altur Slatina
, sale
, stakes
, SIFs
, repayment
, loans

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.