Darian becomes joint stock company

Darian, the largest Romanian company on the market of evaluation services, is set to become a joint stock company, with about a quarter of its shares to be offered to the employees in order to encourage staff loyalty. “To sustain the company’s expansion, we have decided to turn Darian from a limited liability company into a joint stock company, with an up to 25% stake given to the employees,” Adrian Crivii, managing partner and the majority shareholder of Darian, told ZF. Crivii will retain his 75% stake in Darian, with the shares to be granted at their nominal value. Darian’s manager specified that a definitive strategy had not been finalised regarding the number and value of granted shares. In its first stage, around 5-6 employees will benefit from this offer. In order for Darian to change its status, the evaluation firm acquired an approximately 70% stake from Bertazzo Danilo, a stake which its Italian partner had held since 1990, when Darian was established. The transaction was finally completed in May.