Platforma de investiții Roca a intrat în acționariatul Sinteza
Roca Investment Platform Acquires Stake in Sinteza
On Wednesday, the Roca investment platform made a significant move by acquiring a stake in Sinteza, purchasing 11,900,266 shares, which equates to an 18% ownership in the company.
Future Growth and Development Plans
„We are confident that, with our involvement, Sinteza will expand its operations in the near future, ushering in a new phase of growth for the chemical industry in Oradea and Romania as a whole. Sinteza possesses the potential to support such development. This marks our sixth transaction, reinforcing Roca’s commitment to fostering partnerships. We will actively collaborate with other shareholders and the company’s management to identify optimal strategies for transforming Sinteza Oradea into a new success story for Romania,” stated Alex Savin, a member of the Roca Investment Board and the project manager overseeing Sinteza’s integration into Roca’s portfolio.
Overview of Sinteza’s Operations
Sinteza SA specializes in the production and marketing of basic organic chemical products and has the production capacity to meet export demands. The company’s flagship product is benzoic acid, a key ingredient utilized across various sectors, including food production, chemical fertilizers, pharmaceuticals, and plastics. Last year, Sinteza reported a revenue of 27 million lei, reflecting an upward trend compared to previous years.
Strategic Development Initiatives
In the coming months, Roca aims to play a pivotal role in formulating strategies to enhance and streamline Sinteza SA’s operations.
Source: Financiarul.ro.
