Romania's Infinity Capital to sell Dambovita Hotel operator

The open bid auction is scheduled on April 17, Infinity Capital Investments said in a filing to the Bucharest Stock Exchange.

The investment company noted that it is selling its entire holding of 1,754,221 shares in Complex Hotelier Dambovita as a single package. Romanian as well as foreign natural or legal persons can participate in the auction.

In 2022, Complex Hotelier Dambovita booked a net profit of 376,122 lei on a net turnover of 3.9 million lei, according to the most recent data available from the finance ministry.

Infinity Capital Investments shares traded 1.04% lower at 1.9 lei as at 1536 CET on Friday on the Bucharest bourse.

(1 euro=4.9681 lei)