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Main activity object change

Release Date: 2/5/2019 6:30:05 PM

IRIS Code: B79A8



AS PER 02/05/2019



47 Taietura Turcului Street, 3rd floor,  Cluj-Napoca

Market where securities are traded: Bucharest Stock Exchange category: standard


Tax code: RO 199044

Subscribed and paid up share capital: RON 26,391,783

Reg. no. with the Trade Register: J12/8/1991






UNDERSIGNED  TRANSILVANIA CONSTRUCTII SA, registered with the Trade Register number J12/8/1991, Tax Code: 199044, subscribed and paid up share capital: RON 26,391,783, with headquarters in Cluj Napoca, 47 Taietura Turcului street, 3rd floor, legally represented by Mr. Timofte Andrei Iancu-General Manager hereby informs investors that:

- starting with 01/23/2019, following the Decision of the Board of Directors no.2 / 01/21/2019 the main activity of the Company is "Renting and sub-leasing of own or rented real estate" - CAEN code 6820.

         The Board of Directors decided to change the main activity of the company (which had previously been "Construction of residential and non-residential buildings" - CAEN code 4120) because, starting with 2012, the real estate activity of the company constituted the majority share in the Company's  Turnover.     

At present, company earnings from real estate rental activity accounts for 97% of the Turnover.

The Trade Register Office of Cluj issued Resolution no. 2445 / 01/23/2019, and  the Registered Certificate of Mentions 10740 / 01/22/ 2019, which allowed the modification of the constitutive act of the company, in the sense of changing the main object of activity as well as publishing in Official Monitor of Romania, of part IV from the Board of Directors Decision no. 2 /01/21/2019.

We state that, in accordance with the provisions of article 134 (1) letter a) of Law 31/1990 ,  the shareholders that do not agree with the Decision of the Board of Directors through which the main object of activity has been changed, have the right of withdraw from the company and to solicit the buying back of their shares by the company.


The right of withdrawal can be exercised within 30 days from the date of publication of the Decision of the Board of Administration in the Official Monitor of Romania part IV.



General Manager

Timofte Andrei Iancu



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