Marius Cristescu, who owns companies with an around 180million-euro capitalisation on the Stock Exchange, has requestedvia drilling company Foraj Sonde Craiova (FOSB), which it controls,that the auditor checks contracts sealed by Dafora Medias (DAFR),held by Gheorghe Calburean, with companies in the latter's group.Calburean controls a group of companies whose turnovers amounted toaround 500 million RON (117.6 million euros) last year and holdstwo of the best-known companies on the Stock Exchange, CondmagBrasov (COMI) and Dafora Medias, with a cumulated capitalisation of90 million euros.
Marius and Emil Cristescu brothers in turn hold listed companiesworth over 170 million euros. Cristescu last year acquired an over5% stake in Dafora Medias on the stock exchange, with the companybeing one of its main competitors on the Romanian drillingmarket.
As a significant shareholder of the Medias-based company,Cristescu now wants to know what Dafora's benefits or losses, asthe case may be, amount to, from loan contracts sealed withcompanies where Dafora, Gheorghe Calburean, and/or Dafora Group areshareholders, according to the notice to attend, published on theStock Exchange's website. Neither Marius Cristescu nor GheorgheCalburean could be contacted for comment yesterday.
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