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Rolast SA

Summary

Company ID (NIN)

129154

Company owner / manager

Country

Romania

Capital

8,306,169

Total assets

29,827,864

Net profit for the period

41,755

Report year

2017

Currency

RON

Industry

Rubber Products

General information

About Rolast SA

Rolast SA is a Romanian manufacturer of non-tyre rubber products.

The Pitesti-based company manufactures hoses, conveyor belts, technical rubber sheets, gaskets and other rubber products.


Last updated on Sept 18, 2018.

 

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Jan. 1, 1967
NIN
129154
Tickers
Stock Exchange
ISIN
Profile last updated
Sept. 18, 2018, 6:21 p.m.
Alternative names

    Rolast JSC;
    S.C. Rolast S.A. Pitesti;
    SC Rolast SA

History

    1967 – Combinatul de Articole Tehnice din Cauciuc, a state-owned company for technical rubber products, is established in Pitesti, central Romania.

    Nov 2, 1990 – Combinatul de Articole Tehnice din Cauciuc transforms into a joint stock company and renames to Rolast SA, with a subscribed capital of RON 991,900,000.

    Jan 28, 1993 – The company increases its capital to RON 14,855,000,000 from RON 991,900,000, by raising the par value per share to RON 10,000 from RON 5,000.

    Oct 11, 1994 – It hikes its capital to RON 67,930,100,000, by increasing the par value per share to RON 25,000 from RON 10,000.

    May 2, 1995 – The company increases its capital to RON 68,624,200,000.

    Dec 12, 1995 – Rolast carries out a capital hike to RON 71,186,150,000.

    Feb 10, 1997 – The company lists on the RASDAQ electronic exchange.

    May 12, 1997 – The company restructures its capital by decreasing the par value per share to RON 1,000 from RON 25,000 and issuing 68,338,704 shares.

    Dec 15, 1997 – The Romanian Privatisation Authority APAPS sells 51% in Rolast SA to U.S. Romanian American Enterprise Fund and Romanian Investment Fund (Cyprus) Ltd.

    Mar 10, 1999 – The company increases its capital to RON 80,458,243,000 from RON 71,186,150,000.

    June 19, 2000 – Rolast suspends trading on the bourse and delists from the RADSAQ Electronic Exchange due to its forthcoming listing on the Bucharest Stock Exchange.
    July 5, 2000 – Rolast SA lists on the first tier of the Bucharest Stock Exchange.

    July 4, 2001 – The company raises its capital to RON 102,694,831,000.

    July 30, 2001 – It hikes its capital to RON 308,084,493,000.

    May 9, 2006 – Cypriot investment company Naniero Investment Ltd., Nicosia, acquires a 33.01% stake in Rolast for RON 6,864,683 from Romanian Investment Fund (Cyprus) Ltd., Romanian American Enterprise Fund and Romanian Reconstruction (Cyprus) Ltd.

    Aug 8, 2006 – Naniero Investment Ltd. launches a buyout offer for the remaining 66.99% it still does not own in Rolast.

    Aug 28, 2006 – Naniero Investment Ltd. concludes the buyout offer acquiring 17.75% in Rolast for RON 3.65 mln (USD 1.3 mln/EUR 1.0 mln).

    Nov 20, 2006 – Rolast is transferred to the non-quoted securities market (unlisted shares) of the Bucharest Stock Exchange.

    Oct 22, 2015 - The company delists from the Bucharest Stock Exchange (Stock Symbol: RLS, ISIN: ROROPIACNOR4).

     

    Last updated on Sept 18, 2018.

     

Management

Board of Directors
Bogdan Bartolomeu
Member of the Board
Carmen Seghete
Member of the Board
Dan Ioan Radulescu
Chairman of the Board
Cornelia Mioara Oancea
Member of the Board
Ionel Dragos Stoian
Member of the Board
Laviniu Dimitru Beze
Member of the Board
Executive Board
Dan Ioan Radulescu
CEO

Contacts

Address
1 Constantin Dobrogeanu-Gherea Str.
110104
Pitesti, Romania
Telephones

+40 248 283 299
+40 248 214 700
+40 726 680 990
+40 725 489 115

Fax

+40 248 214 700
+40 248 283 353

Emails

secretariat@rolast.ro
commercial@rolast.ro

Websites
www.rolast.ro

Ownership

Name Direct holding Indirect holding Owner type Country

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

Rolast SA manufactures:

  • conveyor belts;
  • rubber and automotive hoses for water, air, hot water, fuel and gas, chemical, welding, LPG, sandblast and abrasive use;
  • medium, high and very high pressure hoses;
  • drilling (rotary and vibratory) hoses;
  • profiled gaskets;
  • moulded gaskets;
  • tubes and sleeves for automotive cooling systems;
  • technical rubber sheets and carpets;
  • other rubber articles – inflatable boats, adhesives, rubberised wheels and boats and other.

 

 

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