Persepolis separated from Antrefrig

The Iraqi owners of the group of firms Antrefrig last month decided to separate the five-star hotel operated on the Capital market, following the break-up project of the Antrefrig business. As a result, the share capital of the company, which manages the hotel, Persepolis Development, increases by 130,000 RON (over 36,000 euros) through cash contribution. Antrefrig”s share capital will accordingly halve, from 270,631 RON to 140,311 RON. Due to the break-up of Antrefrig”s operations it was decided during the extraordinary general meeting of Antrefrig”s partners, that the hotel company would take over the necessary corporeal assets, vehicles, buildings and the plot of land used by Antrefrig. Shares of Antrefrig, a company operating in the food industry, are owned by Iranians Manochehr Saadati Sohi (95%) and Kabiri Jafai (5%). The Persepolis business is entirely owned by Manochehr Saadati Sohi. Persepolis, which has a capacity of 20 rooms, is the smallest five-star hotel in Bucharest, and, according to the latest available information, is currently closed for renovation. ZF