The company paid 2.94 million lei for the small stake and now owns 95.63 percent in Automobile Craiova and can at any time unlist the company from the capital market, asking minority shareholders to withdraw.
The two stakes in Automobile Craiova were dealt on the Rasdaq over-the-counter market at 17.50 lei per share.
Financial company SIF Oltenia (SIF5) sold on April 9 its 22.56 percent stake in Automobile Craiova for 75.25 million lei.
Shares of Automobile Craiova are traded on the Rasdaq over-the-counter market, the XMBS section, under the symbol AUCS.
Romania's government recently approved a memorandum by which it will give the American car maker Ford the biggest guarantee of the last 20 years, of 320 million euros, to keep up the investments in the Craiova plant, the economy minister Adriean Videanu said two weeks ago.
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