Dan Sucu sells 25% of Mobexpert on the Stock Exchange

Businessman Dan Sucu, shareholder of the Mobexpert group, the leader on the local furniture market, is considering selling his shares on the Stock Exchange, after having acquired 40% of the group’s shares from his former wife, Camelia Sucu. “The money has been paid. The transaction amounted to some 40 million euros, with the credit I took from Alpha Bank standing at 32 million euros. I am seriously considering the possibility of reselling a portion of the shares. I could sell around 25% of what I currently own on the Stock Exchange,” stated Dan Sucu. A potential listing could take place in the spring of next year, but a capital increase is not considered in this case. “I have finalised this transaction, but it is difficult for one person to have such a high debt to the bank. I am among some of the people with the highest debts in Romania,” stated Dan Sucu.