Team of managers CURRICULUM VITAE - aicep · Web viewSCR GROUP TEAM OF MANAGERS CURRICULUM VITAE PRESENTATION OF SC SERVICIILE COMERCIALE ROMANE SA PRESENTATION OF SC AISA Invest SA

FINANCIAL AND STATISTICAL REPORTS OF SCR GROUP TEAM OF MANAGERS CURRICULUM VITAEPRESENTATION OF SC SERVICIILE COMERCIALE ROMANE SAPRESENTATION OF SC AISA Invest SAPRESENTATION OF SC CONTACTOARE SAPRESENTATION OF SC SINTEROM SAPRESENTATION OF SC UZUC SAPRESENTATION OF SC UZUC PROIECT SRLPRESENTATION OF SC IASITEX SAPRESENTATION OF SC CHIMCOMPLEX SAPRESENTATION OF SC NOVA TEXTILE BUMBAC SRLPRESENTATION OF SC SOMES DEJ SAPRESENTATION OF SC CAROMET SAPRESENTATION OF SC INAV SA

Management matters!

Table of contents:1. FINANCIAL AND STATISTICAL REPORTS OF SCR GROUP...............................................52. TEAM OF MANAGERS..................................................................................................19

2.1. President of SCR Group- CURRICULUM VITAE.....................................................192.2. Executive President of SCR Group - CURRICULUM VITAE...................................21

3. SCR GROUP: A GENERAL OUTLOOK............................................................................244. PRESENTATION OF SC SERVICIILE COMERCIALE ROMANE SA PIATRA NEAMŢ.............25

4.1. Historical insight................................................................................................254.2. Company profile................................................................................................274.3. Registered offices..............................................................................................274.4. Shareholders of the company............................................................................274.5. Business opportunities.......................................................................................28

5. PRESENTATION OF SC AISA INVEST SA CLUJ- NAPOCA...............................................295.1. Historical insight................................................................................................295.2. Company profile................................................................................................295.3. Registered offices..............................................................................................295.4. Company shareholders......................................................................................295.5. Board of directors..............................................................................................305.6. Business opportunities.......................................................................................30

6. PRESENTATION OF SC CONTACTOARE SA BUZAU......................................................316.1. Historical insight................................................................................................316.2. Company profile................................................................................................316.3. Registered offices..............................................................................................336.4. Shareholders of the company............................................................................336.5. Board of directors..............................................................................................336.6. Business opportunities.......................................................................................33

7. PRESENTATION OF SC SINTEROM SA CLUJ NAPOCA...................................................347.1. Historical insight................................................................................................347.2. Company profile................................................................................................357.3. Registered offices..............................................................................................357.4. Company shareholders......................................................................................357.5. Board of directors..............................................................................................357.6. Business opportunities.......................................................................................35

8. PRESENTATION OF SC UZUC SA PLOIESTI..................................................................378.1. Historical insight................................................................................................378.2. Company profile................................................................................................388.3. Registered offices..............................................................................................398.4. Company shareholders......................................................................................398.5. Board of directors..............................................................................................398.6. Business opportunities.......................................................................................39

9. SC UZUC PROIECT SRL...............................................................................................4110. PRESENTATION OF SC IAŞITEX SA IAŞI...................................................................42

10.1. Historical insight............................................................................................4210.2. Company profile.............................................................................................4310.3. Registered offices..........................................................................................4410.4. Shareholders of the company........................................................................4410.5. Board of directors..........................................................................................4410.6. Business opportunities...................................................................................44

11. PRESENTATION OF SC CHIMCOMPLEX SA BORZESTI..............................................4611.1. Historical insight............................................................................................4611.2. Company profile.............................................................................................4611.3. Registered offices..........................................................................................4711.4. Shareholders of the company........................................................................4711.5. Board of directors..........................................................................................4711.6. Business opportunities...................................................................................47

12. PRESENTATION OF SC NOVA TEXTILE BUMBAC SRL...............................................4912.1. Historical insight............................................................................................4912.2. Company profile.............................................................................................4912.3. Registered offices..........................................................................................50

12.4. Shareholders of the company........................................................................5012.5. Board of directors..........................................................................................5012.6. Business opportunities...................................................................................50

13. PRESENTATION OF SC SOMEŞ Dej SA....................................................................5113.1. Historical insight............................................................................................5113.2. Company profile.............................................................................................5213.3. Registered office............................................................................................5213.4. Shareholders of the company........................................................................5213.5. Board of directors..........................................................................................5313.6. Business opportunities...................................................................................53

14. PRESENTATION OF SC CAROMET SA......................................................................5414.1. Historical insight............................................................................................5414.2. Company profile.............................................................................................5414.3. Registered offices..........................................................................................5514.4. Shareholders of the company........................................................................5514.5. Board of directors..........................................................................................5514.6. Business opportunities...................................................................................55

15. PRESENTATION OF SC INAV SA..............................................................................5615.1. Historical insight............................................................................................5615.2. Company profile.............................................................................................5615.3. Registered offices..........................................................................................5715.4. Shareholders of the company........................................................................5715.5. Board of directors..........................................................................................5715.6. Business opportunities...................................................................................57

ROMANIAN COMMERCIAL SERVICES

1. FINANCIAL AND STATISTICAL REPORTS OF SCR GROUP

Turnover 2009 - SCR Group- 89.189.800 euro -

Other companies2.29%

Caromet SA5.45%

Somes SA20.68%

Nova Textile4.51%

INAV SA 0.92%

Sinterom SA4.09%

Contactoare SA1.78%

UZUC SA18.46%

Iasitex SA16.46%

Chimcomplex SA25.36%

*yearly exchange rate RON/EURO was considered

Management matters!

Result of exploitation 2009 - SCR Group- 8.093.713 euro -

Caromet SA3.55%

Somes SA8.21%

Nova Textile2.92%

INAV SA 0.98%

Sinterom SA2.53%

Contactoare SA0.25%

UZUC SA36.74%

Iasitex SA8.24%




6

Management matters!

Net assets (Total assets minus current liabilities) 2009 - SCR - Group- 243.104.309 euro -


Caromet SA5.07%

Somes SA7.35%

Nova Textile2.80%

INAV SA 1.58%

Sinterom SA4.98%

Contactoare SA2.76%

UZUC SA10.20%

Iasitex SA36.77%



7

Management matters!

Average number of employees - SCR Group - 3.079 persons -


Chimcomplex SA21.27% Iasitex SA

16.86%

UZUC SA21.89%

Contactoare SA3.83% Sinterom SA

8.12%

INAV SA 1.69%

Nova Textile5.26%

Somes SA10.46%

Caromet SA9.16%

8

Management matters!

Turnover Evolution - SCR Group - euro -

0

30,000,000

60,000,000

90,000,000

120,000,000

150,000,000

euro

Turnover 2,244,845 7,566,847 8,223,153 22,690,381 59,097,992 108,275,959 134,317,205 148,571,098 161,833,826 131,905,130 89,189,800

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

*yearly exchanger rate RON/EURO was considered

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Management matters!

Evolution - Result of exploitation - SCR - Group- euro -

0

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

euro

Result of exploatation 136,168 1,284,676 1,932,532 3,369,908 8,623,469 9,164,198 12,122,948 14,699,111 25,783,553 15,001,349 8,093,713

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009


10

Management matters!

Evolution - EBITDA - SCR Group - euro -

0

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

35,000,000

euro

EBITDA 13,123,183 17,062,281 19,651,814 31,878,620 22,328,753 12,953,238

2004 2005 2006 2007 2008 2009


11

Management matters!

[ EBITDA / Turnover ] (%) - SCR Group -

0.00%

5.00%

10.00%

15.00%

20.00%

%

EBITDA / Turnover 12.12% 12.70% 13.23% 19.70% 16.93% 14.52%

2004 2005 2006 2007 2008 2009


12

Management matters!

Imobilized assets (Fixed and financial assets) - SCR Group - - euro -

0

30,000,000

60,000,000

90,000,000

120,000,000

150,000,000

180,000,000

210,000,000

240,000,000

euro

Imobilized assets 79,291,911 100,481,012 127,246,609 247,529,382 257,937,934 251,703,865

2004 2005 2006 2007 2008 2009


13

Management matters!

Net assets (Total assets minus current liabilities) - SCR Group - - euro -

0

30,000,000

60,000,000

90,000,000

120,000,000

150,000,000

180,000,000

210,000,000

240,000,000

270,000,000

euro

Net assets 1,363,919 5,240,940 8,461,425 14,799,400 44,915,090 74,209,784 97,657,925 132,664,853 259,099,085 256,885,446 243,104,309

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009


14

Management matters!

Labor Productivity - evolution - - euro -

0

5,000

10,000

15,000

20,000

25,000

30,000

euro

labor productivity 3,230 8,464 11,764 11,930 11,850 14,814 20,889 24,264 29,138 30,647 28,967

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009


15

Management matters!

Long term debt rate (long term debt / own capital) - SCR Group -

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

9.00%

10.00%

11.00%

12.00%

%

long term debt rate 4.93% 10.07% 11.23% 6.88% 8.58% 7.28%

2004 2005 2006 2007 2008 2009

16

Management matters!

Global debt rate (total debt / own capital) SCR Group -

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

80.00%

90.00%

%

global debt rate 84.14% 75.62% 69.57% 34.48% 35.46% 32.73%

2004 2005 2006 2007 2008 2009

17

Management matters!

Solvability (Total assets/Total debts ) - SCR Group -

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

4.00

solvability 2.17 2.31 2.43 3.91 3.83 4.07

2004 2005 2006 2007 2008 2009

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2. TEAM OF MANAGERS2.1. President of SCR Group- CURRICULUM VITAE

Surname: VUZAName: ŞTEFANBirth date: 15.09.1969, Iaşi city,Education:

1984- 1988 Military High School, Craiova; 1988-1991 Military School- Officers in active service, Armored car-

specialty, Pitesti; 1990-1994 Graduated of the Foreign Trade University, within the

International Economic Relationship, Academy of Bucharest; 1996-2000 University degree-International Trade Law-, Bucharest; 2001 Academically post-university courses of Political Study, within

the National School of Politics and Administration Studies of Bucharest;

2002 BA degree in International Economic Trade within the Economic Study Academy of Bucharest;

2003 BA degree in Psychology of Babes-Bolyai University, Cluj-Napoca;

2007 doctor's degree in the field of International Economic Relationships, within the Economic Study Academy of Cluj-Napoca;

Experience: August 1993- August 1995: - SC DURĂU SA, General Manager August 1995-1999:- SC EUROHOUSE COM SRL, General Manager,

Piatra-Neamţ August 1999-April 2001:-SC CONTACTOARE SA General Manager,

Buzău April 2001- March 2002:- SC SINTEROM SA General Manager , Cluj-

Napoca March 2002-trustee of SC UZUC SA, Ploieşti October 2002- December 2006 SC AISA INVEST SA- President of SCR

Group, Piatra Neamţ January 2007- present: lawyer

Skills and competences: Exceptional organization and control skills; Leader abilities much over average; Tidy, well informed, versatile in various markets; Very good psychologist with great flair

Foreign languages: English advanced level, Russian middle level Italian and Hungarian first level,

Management matters!

PC: Windows, Microsoft (Word, Excel, PowerPoint)Hobby:

Sports Travels

20

Management matters!

2.2. Executive President of SCR Group - CURRICULUM VITAE

Surname: POPESCUName: MIRCEABirth date: 18.09.1954, Cluj-Napoca, Romania Education:

1998 – 2001: London Business School–MBA with CODECS, long distance courses - unfinished-

1974 – 1979: Babes-Bolyai University of Cluj-Napoca, Faculty of Physics, M.A. in Quantum theory of magnetism

Trainings: 2007–2009: Technical Internal trainings on SIEMENS products (gas

turbines, compressors, off shore platform, power generation, automation techniques)

- Commercial internal trainings- Siemens Academy on Oil & Gas

1998 –2003: Various short term trainings 1995 – 1996: Training in stock exchange, commercial and export

techniques 1985–1987: Training in industrial process control 1979–1983: Training in Computer Science & Software programming

Professional Experience:

2007–2009: SIEMENS Romania, Head of Oil & Gas Solutions Department

Responsibilities: - Business development- Creating Solutions Fitted to customer demand, combining Siemens Skills in the sector - Coordinating offering, bidding for major Romanian companies in the sector (e.g.: PETROM, ROMPETROL, ROMGAZ, TRANSGAZ, UPETROM)

1997 – 2006: SCR Group / Romanian Commercial Services Group, Prime Vice President, General Manager, Chairman of board SC CHIMCOMPLEX SA Borzeşti, General Manager, Chairman of board SC UZUC SA Ploiesti, General Manager, Chairman of board SC SOMES SA Dej, Director of Transylvania Branch

Responsibilities: - Business development (financing, link with capital markets,

green projects)

21

Management matters!

- Investment in energy, technology upgrade- Acquisitions, merging, privatization- Restructuring, re-engineering- PR and Corporate Affairs National & International- Development of personnel / human resources

1992 – 1997: FAXSHEETS INTERNATIONAL, Consultant, Co-owner

Responsibilities: - Consultancy in investments, trade, restructuring of industrial companies

1994 – 1996: TRANSYLVANIA COMMODITY EXCHANGE, Head of department business development

1979–1992 : COMPUTER TECHNIQUE INSTITUTE— Head of research group “Software for industrial process control” (nuclear power plant)

Responsibilities: - Implementation of software systems- Development of software systems- R&D of control systems according to customer specifications- Recruitment / Development of research personnel.

Personal profile Performance oriented Ability to create, motivate and work in a polymorphic team Well developed communication skills Strong leadership / management ability Good technical skills, strong business analysis, due to experience

in all industrial sectors Experienced in implementing green field investments Fluent in English, French, Italian Knowledge of Hungarian, German, Russian High capacity of learning new systems, analyzing, structuring,

reshaping to maximize profit and performance PC skills, including ability of programming Used to work in a multicultural environment, available to travel, to

work in fast changing conditions Flexibility, desire to adapt to new and challenging working patterns

and frames Hobby:

Bridge Hunting

22

Management matters!

3. SCR GROUP: A GENERAL OUTLOOK

Established in 1993, starting from two employees and a turnover of 300 RON, SCR Group (ROMANIAN COMMERCIAL SERVICES) has grown systematically, achieving now, in its 17th year of existence, a turnover of 377.897.183 RON (89.189.800 EUR), coresponding to a number of 17 companies and over 5.500 employees.

SCR Group is structured in six divisions: Industry Dedicated Equipment: SC CAROMET SA CARANSEBEŞ,

SC UZUC SA PLOIEŞTI Manufacturing of Automobile Parts and Electrical Fitting: SC

SINTEROM SA CLUJ, SC CONTACTOARE SA BUZĂU Textiles: SC IAŞITEX SA IAŞI, SC NOVA TEXTILE BUMBAC SA PITEŞTI Chemical Industry: SC CHIMCOMPLEX SA BORZEŞTI Paper Industry:SC SOMEŞ SA DEJ Aeronautical Industry:SC INAV SA BUCUREŞTI

The management philosophy within SCR Group lies in mobilizing all resources and a proactive attitude towards the economic environment changes and not only; seizing opportunities and exploiting the constraints of the economic environment which prompt to action. Each member has its well defined role within the team in order to achieve a common goal.

Perpetually searching for added value and trying to put at work synergies, our companies give a dynamic answer to a changing and challenging environment.

Developing and coordinating integrated plans, profitable use of resources in order to reach set goals are the main guidelines of SCR Group management philosophy.

SCR Group has proven its maturity on the Romanian market by high quality products and high management standards.

The economic potential of the Group is on the rise and it proves by the power of its own example that

"MANAGEMENT MATTERS!"

23

Management matters!

4. PRESENTATION OF SC SERVICIILE COMERCIALE ROMANE SA PIATRA NEAMŢ

4.1. Historical insight

SC SERVICIILE COMERCIALE ROMANE SRL (ROMANIAN COMMERCIAL SERVICES), the first company of the Group, was constituted in 1993, having five founders (Vuza Ştefan -45% of shares, Popa Ioan - 25% shares, Orcheanu Lidia -20%, Vuza Eduard -5% and Strajeru Constantin - 5% of shares).

In March 1994, the first 'Non Stop' grocery shop was opened in Buhuşi. On the 17th of May SC EUROHOUSE COM SRL was formed. In August of the same year, a partner contract was signed with S.C. DURAU S.A. for the administration of Dochia Chalet. On the 9th of December the juridical status of the company is changed and SC SERVICIILE COMERCIALE ROMANE SRL now becomes SC SERVICIILE COMERCIALE SOMANE SA. At the end of the year, the first commercial centre 'FAVORIT ROMAN' is opened having 35 stands of wood and glass.

In March 1995 SC EUROHOUSE SRL opens a new branch in Iaşi with 3 new commercial centers. SC EUROHOUSE SRL keeps its target for opening new commercial centers in the country, so two more centers are opened: one in Paşcani and one in Roman. In august, SC SERVICIILE COMERCIALE ROMANE SA signs two of the most important rental contracts for the future of the company: Commercial Centre “Paltinis”, 1.700 sq. meters in a two-story building in Tg. Jiu and Commercial Centre “Zimbru”, another commercial space of 2800 square meters in Suceava, in a hall that used to be a textile mill, very close to the city center.

In March 1996 SC EUROHOUSE SRL opens a branch in Cluj and rents another space from SC Napocom SA for another commercial center. In the same year another three commercial centers are inaugurated in Suceava, Sibiu and Tg. Mureş. In October, a rental agreement is signed with SC Metex SA Dej, for the commercial center “BIG” Dej.

Despite the fact that in December 1996 the contract concerning Dochia Chalet was cancelled, the involvement in tourism is taken to a greater scale. The Group sponsors the Romanian Foundation of Sportive Tourism (FRTS), the most important tourist movement of its kind, supporting all seven stages of the national club championship, and many other ecological-cultural activities.

At the end of the year, the contract for the first commercial center from Iaşi expires.

In 1997 two more commercial centers are opened, one in Cluj-Napoca and the other one in Tg. Mureş.

24

Management matters!

In the 7th of April 1998 the 'Agency for Investments Services and Business', in short SC AISA Invest SA is born, company that administrates the group.

In July the Group reaches the peak regarding the administration of commercial centers with 1500 partnerships related to 12 commercial centers across the country.

In January 1998 SC SERVICIILE COMERCIALE ROMANE SA buys 51% of SC CRINUL SA Alexandria (project later abandoned) and in February 70% of MOBALEX Alexandria (sold in December 1999). In march the registered capital is increased to 100.000 RON and the board becomes the following: Vuza Stefan – 95%, Popa Ioan – 2,5%, Mungiu Romeo – 2%, Popa Elena – 0,3%, Vuza Eduard and Strajeru Constantin 0,1% of the total stock.

On the 16th of April 1999 an important acquisition takes place for SC CONTACTOARE SA Buzau, 51% from a capital of 1.561.770 RON. The Group reaches the first thousand employees. On 19th of May 4856 shares of SC Stipo SA Dorohoi are bought. On 14th of December SC SINTEROM SA Cluj Napoca is bought (50, 96% of shares).

On the 25 of august 2000 SCR increases the registered capital of SC CONTACTOARE SA with 590.750 RON. In September SCR increases the registered capital of SC SINTEROM SA with 981.085 RON, the Group contributing with 607.023 RON

The auction for SC Tehnofrig SA Cluj Napoca was won by SC A1 Impex SRL, followed by a contract which sold the rights and obligations to a partner company.

In April 2001 the registered capital of SC SINTEROM SA is increased with 4 million RON, of which, the Group contributed with 2, 15 million RON. In September, SCR Group buys through public offer the remaining stock unsubscribed from April with 420.000 RON.

At the same time SC SERVICIILE COMERCIALE ROMANE SA has another capital increase to 1.520.000 RON, with the joining of SC A1 Impex SRL, and the shareholders are the following: Vuza Ştefan - 94,2105% of total shares, S.C. A1 Impex S.R.L. - 4,6052% of total shares, Popa Ioan - 1,0065%, Popa Elena - 0,1244%, Vuza Eduard - 0,0415% and Strajeru Constantin - 0,0119%.

On the 11th of February 2002 SCR Group through SC A1 Impex SRL, buys 73,453% of SC UZUC SA Ploieşti. In March, the net profit of SC CONTACTOARE SA of 1.520.000 RON is distributed to development funds, the 1.070.000 RON (the Group's share) is regarded as an investment. SCR finalized the contract signed with the Authority for State Assets Recovery (AVAS), concerning the 1.317.500 USD which the group was supposed to invest and all other terms imposed in the contract. Now SCR Group holds 72, 3659% of SC CONTACTOARE SA Buzau.

On the 10th of June 2002 SC A2 Impex SRL Ploiesti is formed. The company is preparing to join the auctions for SC COMAT SA Neamţ and SC IAŞITEX SA Iaşi. In 2002, the Group's turnover reaches 100 million RON.

25

Management matters!

In 2003 SCR Group finalizes the investment plan for SC SINTEROM SA Cluj Napoca, scoring another success after SC CONTACTOARE SA, in which it holds now 59,49% of the shares.

On the 9th of May 2003 SC IAŞITEX SA Iaşi is bought and becomes a member of the Group.

On the 9th of June 2004 the greatest acquisition of the Group’s history is made (94, 85% of SC CHIMCOMPLEX SA Borzeşti).

On the 30th of June 2004 SC CAROMET SA Caransebeş is bought.In July, the actives from SC NOVATEX S.A. Piteşti are bought and a new company is formed - SC NOVA TEXTILE BUMBAC SRL Piteşti.

On the 19th of July 2004 the majority of shares from SC SOMEŞ SA Dej, the largest pulp and paper producer in Romania, are bought.

In March 2008 SC CHIMCOMPLEX SA Borzeşti increases its social capital with 23%, to 129 million RON. SC CAROMET SA Caransebeş also increases its capital to 31, 45 million RON.

In 2009 SCR Group purchases 1.738.782 shares (representing 99, 5556%) of the social capital of SC INAV SA Bucharest, a research and development institute in the field of natural sciences and engineering, having as main activity the research in the aero-spatial field.

In March 2010, SC SOMEŞ SA Dej and SC UZUC SA Ploieşti sign with the Ministry of Economy several financing contracts from European funds.

4.2. Company profile

At the beginning the main domain of activity of SC Serviciile Comerciale Romane SA from Piatra Neamţ was wholesale and retail trade, using rented commercial areas. When SC EUROHOUSE COM was constituted the company extended its activity to tourism and had administrated “Dochia” chalet for two years.

All the profit resulted from the above activities is reinvested following an active strategy of acquiring new companies.

4.3. Registered offices

The registered office of the SC SERVICIILE COMERCIALE ROMANE SA is Piatra Neamţ, 4 Cuiejdi Street, Neamţ.

4.4. Shareholders of the company

Vuza Ştefan - 92, 2095% SC A1 Impex SRL - 4, 4856% SC Someş SA - 0, 5865%SC Uzuc SA – 1, 0333%SC Iaşitex SA - 1, 3836%SC Novatextile SRL – 0, 1286%Others: 0, 1729%

26

Management matters!

Now SCR is a shareholding company owning shares in all the companies at the group.

4.5. Business opportunities

Based on the existing legislative framework, SCR group is ready to enter into any form of mutual cooperation and it is open to any ways to approach potential investors. Attracting direct investments has become a priority of the group. Foreign direct investments may consist in participation in the creation or development of an entity, that can be one or more of the nine companies involved in the SCR Group, by:

financial contributions in RON or EUR contribution in tangible and intangible capital assets with movable

and immovable goods participation in any legal form to the increase of the corporate funds

of the companies development of mutual project

27

Management matters!

5. PRESENTATION OF SC AISA INVEST SA CLUJ- NAPOCA


The Agency for Investments Services and Business (A.I.S.A INVEST S.A.) was founded on the 7th of April 1998 and being focused on commercial services. It was constituted by 2 associates: Mr. Ştefan Vuza and Ms. Popa Margareta, with a registered capital of 50.000 RON.

In September 2002, AISA extends its competence in business consultancy and strategic group management, international marketing, pre-adheration studies, feаsability and globalization.

As the group grows larger, there is a growing need for coordination and professional control. Aisa is the place where a highly capable management team is gathered to fulfill those needs.


With a professional management team, AISA Invest performs the administration of the entire SCR Group (CHIMCOMPLEX Borzesti, SOMES Dej, IASITEX Iasi, UZUC Ploiesti, NOVA TEXTILE BUMBAC Pitesti, SINTEROM Cluj-Napoca, CAROMET Caransebes, CONTACTOARE Buzau and INAV Bucharest). AISA Invest builds the strategy, supervises implementation and controls the current activity of the other companies having an impressive staff of industrial and financial experts.


The registered office of S.C. AISA INVEST S.A. is Cluj- Napoca, 12 Muncii Blvd., ClujPhone: +40 264 415 086 Fax: +40 264 456 158E-mail: [email protected]

5.4. Company shareholders

SC Caromet SA-10%SC Contactoare SA - 10%SC Sinterom SA - 10%SC Uzuc SA - 15%SC Iasitex SA - 15%SC Somes SA - 20%SC Chimcomplex SA - 20%

28

http://www.aisa.ro/

mailto:[email protected]

Management matters!

5.5. Board of directors

General Managers: Mr. Florin GligaExecutive Manager: Ms. Maneses Eniko


The main target is to drive SCR Group on a competitive position on the international market. This way, the acquisition, transforming and trading all the specific products of every factory of the Group has to be done in efficient and dynamic way. The factors related to the market integration of goods, trading contracts and supplier costs will have a vital link with all the production factors (capacity and flexibility of the unit, production rate and technological processes). A major issue consists in promoting the image of the Group, the quality and variety of products and the distribution network.

The organization’s philosophy is oriented to human values with high potential and professional expansive qualities. We try to identify the individual aspirations of our team with the Group’s interests, thus achieving a constructive alliance, which is mirrored by the economic-financial results of the group and the competitive top spots we are seeking.

"We are here because of you" - the 10 year celebration slogan clearly reflects this issue – Acknowledging all the efforts of the individuals involved in the process.

Prospecting the axes of evolution of the group, we tend to gain a global view of the future ahead and all the factors involved (economic, social, technological). We try to profoundly analyze and take chances and risks, privileging the human resources we have.

Economic prospects allow us to define general situations in a very firm way. This is one of the reasons we hold half-yearly meetings with our staff. These gatherings are meant to strengthen the bond between the members of the team and add more value to the sum of individual efforts.

29

Management matters!

6. PRESENTATION OF SC CONTACTOARE SA BUZAU


SC CONTACTOARE SA Buzău was established in Buzău (1975) under the name of “Intreprinderea CONTACTOARE” and later became SC “CONTACTOARE” SA in 1991.

Since its establishment, the unit became a top echelon of the electrotechnical industry in Romania, alongside Electroaparataj coming from Bucharest, managing to be classified as the first unit in the county in terms of working conditions, profitability and wage. With a total export over 1,000,000 dollars annually, the unit became one of the leading electrical and low voltage apparatus in the former C.A.E.R. organization.

Initially specialized in the production of contactors and small power transformers, the unit has expanded in 1982 its capacity by putting into use the plant dies, profiled on the execution of the punch and dies, both for their own needs, and for third parties.

Since 1977, the unit assimilated the manufacturing of Carbon Dioxide Fire extinguishing systems, being the only domestic producer. In 1979 the company began the production of small power transformers from 25 VA to 2000 VA.

In 1985 SC CONTACTOARE SA was heavily involved in the investment program for the unit no. 1 of CNE Cernavoda (Nuclear Power Plant), obtaining the recognition of the Quality System by the National Commission for the Nuclear Activity Control for the range of electrical apparatus delivered.

In 1999, SC CONTACTOARE SA was fully privatized by the sale of the shares held by FPS to SCR Group and now it is a company with Romanian private capital.

The existent production and technical potentialities shall be involved in finding the best solutions for reaching the aimed development purposes, based on a real program of modernization and revamping (already in process by now) considering that all operations are 85% mechanized and 15% automated.

In 2000, SC CONTACTOARE SA Buzău has purchased the control stock (58%) of SC SINTEROM SA Cluj-Napoca.


The company produces consumer goods and various items for the electromechanical industry provides technical assistance, performs technological and fabrication designs and develops an international trading activity.

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The company’s organization structure is pyramidal type. The fabrication activity is focused on several production modules, based on the endowments and labor specialty related to each product type, as follows:

Modulus I of electronically and electromechanical profile; Modulus II production of moulds, stamps, devices and related

spare parts; Modulus III of mechanical and electrical profile, producing:

Manual and automatic CO2 fire extinguishing installations by local or full-scale flood;

Spark welding transformers, for both industrial and household appliance (220V:11V)

Tack welding transformers for multi - tack welding machines from the assembly lines of lorry bodies and for one operator welding machines of 40, 63, 100, 180 KVA.

Tack welding transformers of 17kVA for tack welding machines; Wire butt-welding machines of four (4) power ranges, from 1kVA to 4kVA for wire made of steel, copper and aluminum materials and from 0.3 to 12 mm in diameter.

Mobile units of ITTS 60kVA and 100kVA type for heat treatment of welds.

Control and automation panels. Modulus IV in charge with:

Maintenance and repair of fixed assets, careful management of power and of other utilities.

Monitoring of company's investments program and revamping the machines and technological equipment.

SC CONTACTOARE SA Buzau provides own technological engineering and manufacture design for the whole range of products. The company is endowed with the proper fabrication facilities and well trained personnel able to make products of best quality and operating safety.

Since SC CONTACTOARE SA is organized and endowed for producing low voltage equipment, single and three phase transformers, ballasts, dies, punches, welding transformers, CO2 fire extinguishing installations and consumer goods, the long term plan includes developing of traditional products range and as well as the fabrication of new products.

The main internal conditions enabling to reach such a goal are the following:

middle level technological endowment; tradition in fabrication of a/m products; experienced and qualified personnel and staff; real export potentialities supported by a range of products of an

increased demand from the foreign customers and by a constant participation in the domestic market segments, which is by now already traditional;

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its own design and research department able to provide the dynamism of the products range completion or modifications following the actual market demand.


The registered office of SC CONTACTOARE SA is Buzău, 10 Mesteacanului Street, Buzău.Phone: +40 238 710 933Fax: +40 238 710 632E-mail: [email protected]

6.4. Shareholders of the company

SC SERVICIILE COMERCIALE ROMANE SA: 76, 55% Oltenia Financial Investment Co. (SIF Oltenia): 18, 20% Shareholders according the Law no. 55/1995: 5, 25%


General Manager: Mr. Viorel BuharuEconomic Manager: Ms. Camelia Toma


The business opportunities are related to: a. Business development in the commercialization and production of the

distribution and automation equipment - fast growing area due to the increase in electricity consumption of the users

b. Modernization of the technological machinery of the company to increase the productivity and reduce the consumption of raw materials, by purchasing new equipment financed by SOP IEC (Sectoral Operational Programme - Increase of Economic Competitiveness)

c. Improving and specializing the personnel from the company into new industries, while improving the health and safety at work by accessing funds within SOP HRD (Sectoral Operational Programme- Human Resources Development.

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7. PRESENTATION OF SC SINTEROM SA CLUJ NAPOCA


SC SINTEROM SA was established in 1936 under the name of “Uzina Triumf”, a manufacturer of chemical products.

In 1948 it has started the fabrication of car spark plugs with mica insulator and from 1955 a serial production of spark plugs with ceramic insulator.

Further, the product range was extended, including glow plugs, ignition electrodes and various superaluminous ceramic products.

In 1970 SC SINTEROM SA has started, under “Metafram France” license, the fabrication of sintered parts of ferrous and non ferrous metal powders, such as mechanical sintered parts for automobiles and other industrial branches, self lubricating sintered bearings and, later on, disks with sintered friction linings and sintered filter elements made of bronze powder.

Under “CAV England” license, in 1972, SC SINTEROM SA has started the fabrication of thermostarters for starting the cold DIESEL engines.

In 1974, the company's name was changed from Triumf to Sinterom, due to an ever-increasing share of sintered parts related to the whole production.

A new development stage in the company's evolution started in 1979, when the fabrication of Al Ni Co cast magnets has started and further, in 1980, with some other new products, i.e. the sintered alloy contacts. The same year, it was acquired the “TOHO KINZOKU” Japan license, allowing the production of the first W and Mo wires.

Since 1984, the manufacturing of special tools and devices required by the powder metallurgy has started. From 1984 up to the present a continuous development of fabrication capacities and modernization of technological flow where performed. During the last years the glow plugs production was diversified and SC SINTEROM SA is now manufacturing quick start and super quick start type glow plugs for DIESEL engines and bimetallic electrode plugs and resistor plugs for spark ignition engines.

In 1998 it was purchased a 250 t hydraulic press from Germany - DORST type used for manufacturing of high complexity sintered parts and mainly of pieces for car gear box. February 10th 1999 was a milestone in Sinterom's evolution: TÜV MANAGEMENT SERVICE GmbH certified its Quality Assurance System.


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Along with SC CONTACTOARE SA Buzau, SC SINTEROM SA is part of the Manufacturing of Automobile Parts and Electrical Fitting Division. The company's product range is extremely varied including spark plugs, sintered parts, sintered ceramic parts, tungsten and molybdenum wires, cast metal magnets, most of the products being destinated to the national automobile industry.


The registered office of SC SINTEROM SA is Cluj-Napoca, 12 Muncii Bvd., Cluj.Phone: +40 264 415 080Fax: +40 264 415 076E-mail: [email protected]


S.C. Contactoare S.A.: 62.75 %S.I.F. OLTENIA: 31.00 % Natural persons: 4.32 %Legal persons: 1.93 %


General Manager: Mr. Gheorghe Pănoiu Technical Manager: Mr. Vasile LazarEconomic Manager: Ms. Carolina Roman


SC Sinterom SA has seven separate manufacturing areas in strictly limited spaces that are managed separately, mostly without technological and functional links between them, except for the departments of mechanical energy and toolshed which serve all the other production departments. The superaluminuous ceramic department manufactures besides the market merchandise also insulators for the plugs used in spark-ignition engines. Thus we may consider that the plant is formed of four business strategic units:

1. Sintered parts from ferrous and non ferrous metallic powders, self-lubricating bearings

2. Ceramic spark plugs and car accessories; sintered alumina ceramic pieces

3. Sintered electrical contacts, tungsten and molybdenum products 4. Mechanical processed products

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For the next years the company intends to develop the manufacturing of sintered products. Having know-how and being certified as a supplier for the automotive industry, Sinterom is already a supplier for Dacia Renault and for the suppliers of automotive parts. Ford, which took over the automotive producer from Craiova represents a significant potential both through direct business and automotive parts suppliers.

The company also intends to: develop the manufacturing of high precision tools by using CNC, develop the manufacturing of auto part using CNC, develop the surface overlay activities (zinc overlay, nickel overlay, phosphating, browning), rent available areas, waste recovery from basic activity and breakdowns, set up a car wash for freight cars, etc

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8. PRESENTATION OF SC UZUC SA PLOIESTI


SC UZUC SA was founded in 1904 under the name of “KLEIN Works”, as a company specialized in weapons and military vehicle repairs.

Starting from 1953, the company reoriented its activity to repairing the Diesel engines and the railroad containers for hazardous liquids, oil drilling equipment and other equipment for geological fieldworks.

In 1959, the company started the fabrication of pressure vessels for chemical, petrochemical, energetic and metallurgical industry and began the building of new divisions: Heavy Boiler Division, finalized in 1961 and Mechanical Forging Division, completed in 1966.

Since 1962 the company has been known as UZUC - Chemical Equipment Plant, Ploieşti.

During 70’s, UZUC has assimilated and delivered equipment for the experimental installation of heavy water and has delivered for IRNE-Pitesti (now Renel - I.C.N. Pitesti) auxiliary equipment for the nuclear research reactor. Also, UZUC was the main supplier for the chemical and petrochemical industry, fabricating equipment like strippers and scrubbers for Urea Installations (under STAMICARBON License), heat exchangers for the Ammonia Installations (under KELLOGG License), high and low pressure equipment for the Ethylene and Polyethylene Installations. After 1980, UZUC has begun the fabrication of nuclear equipment for C.N.E Cernavoda (Nuclear Power Plant).

In 1991 UZUC became a joint stock company with a social capital of 2.989.011, 19 RON. Both offices and production facilities are located in Ploiesti, an important roods and railway junction point, with direct connections to all Romanian counties and limit points.

In 1993 UZUC has been the first Romanian Company which obtained the Certificate of Approval for its Quality System in accordance with the International Standard ISO 9002, from Lloyd’s Register Quality Assurance.

In 1999 by implementing the strict Quality Assurance requirements also for design activities UZUC has certified its Quality Assurance System in accordance with International Standard ISO 9001: 1994

At present, approximately 900 people are employed in UZUC, in technical & administration departments, quality assurance & quality control, workshops for manufacturing & assembling of pressure vessels, auxiliary shops and other departments.

UZUC is one of the main Romanian suppliers of technological equipment for chemical industry, for petro-chemistry, refineries, classic and nuclear power-plants, such as:

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Shell and Tube Heat Exchangers according to various types of TEMA Standards;

Drums and Columns, including their internals; Sublimators, Oxidators, Boilers; Metallic Expansion Bellows, single or multi layer of axial, angular

and jointed type; Containers for food storage and transportation; Steel Structures for vertical vessels, bridges and travelling cranes.

UZUC ensures the quality of its products by using the latest control technologies in the field, the high-qualified labor and a permanent check of materials and welding quality by both destructive and non-destructive methods.

Starting from 1980 UZUC has prepared, implemented and developed a Quality System able to provide all premises for getting final products in strictly compliance with domestic and foreign customers' requirements and all applicable standards/codes or norms.

One of the reasons why UZUC is currently selected, as business partner by world famous companies is its actual record of excellence as a qualified manufacturer of pressure equipment applying a Quality System certified by:

ISCIR – The National Authority for Control and Approval of Boilers, Pressure Vessels and Hoisting Equipment

CNCAN- National Commission for Nuclear Activity Control ASME “U” and “U2” The National Board of Boiler and Pressure Vessels Inspectors –

Certificate of Authorization PED 97/23/EC SELO- Manufacture License of Special Equipment for China KGS- Manufacture License for Korea Lloyd's Register Quality Assurance according to ISO 9001:2000 (EN

9001:2000), ISO 14001:2004, ISO OHSAS 18001:1999 TÜV Austria- Quality Requirements for fusion welding according to

EN ISO 3834-2.


SC UZUC SA is part of the Industry Dedicated Equipment Division. It is focused on manufacturing pressure equipment for petrochemical, chemical, metallurgical industries and for electric power plants.

The company’s activity includes the design and manufacturing of equipment and skids in carbon steel, stainless steel for chemical, petrochemical industries, heavy water, nuclear power plants, metallurgical, oil and mining, cellulose and paper, food industries, bearings, and also spare parts, tehnical assistance and service, mounting, repairing and equipment start up. During the last 40 years of experience, in the field of pressure equipment manufacturing UZUC has processed a

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wide range of specific materials for the kind of equipment, such as: carbon steel, Mo, Ni and Cr- Mo alloys, stainless steel, heat resisting steel, Cu and Ni alloys, produced according to Romanian (STAS) and international (ASME/ASTM; DIN; AFNOR; JIG; GOST, etc.) standards.


The registered office of SC UZUC SA is Ploieşti, 16 Depoului Street, 100335, Prahova.Phone: +40 244 401 119 / 401 115Fax: +40.244.517725 / 510329E-mail: [email protected]


SC A1 Impex SRL: 83, 71 % SC Chimcomplex SA: 0, 57%SC Caromet SA: 2, 02%SC A5 Invest SA: 2, 02%Others: 11, 68%


General Manager: Mr. Ioan IancuEconomic Manager: Ms. Mihaela ParvuTechnical Manager: Mr. Marius Oprea


Depending on the market opportunities and customer and market requirements SC UZUC SA will adopt measures concerning:

- Increase of labor productivity - Reduction of costs- Superior quality- Manufacturing of more complex products

The company also intends to relocate and modernize the heat-treating department and to improve the manufacting process. Considering the endowment of the company for 2010, UZUC has planned to continue with activities such as: the manufacturing of machine parts for third parties, repairing the Nitrogen, Argon, Oxygen, CO2 tubes for third parties, selling metal products as well as further activities such service for installation or repairing the equipment from the site.

New products made of special materials ( e.g. titanium) are intended to be identified by courageous investments and by attracting

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structural funds. In this way the labor productivity would increse not only as a result of the great value of the equipment.

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9. SC UZUC PROIECT SRL

SC UZUC - PROIECT SRL is a company with a capital of 10 million LEI, and the shareholders of the company being SC UZUC SA - 98% and SC A2 IMPEX SRL - 2 %. This company was established to design all the equipment manufactured by UZUC- replacing the specialized companies inside or outside of the plant.

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10. PRESENTATION OF SC IAŞITEX SA IAŞI

10.1.Historical insight

SC IAŞITEX SA was founded in 1910, under the name of “Ţesătura”, and it worked as a private company until 1948 when it was nationalized by the communist regime. The factory continued its activity until 1990, being officially called “Întreprinderea de Stat Ţesătura Iaşi” (The Ţesătura Iaşi State Enterprise).

In 1990 the company became a joint company according to the Romanian Law, under the name of SC IASITEX SA

Since its foundation, the Company followed many development and revamping stages, as it follows:

1935: development and re-equipment of the weaving mill and the bleach and dye works;

1951-1978: endowment of the spinning, weaving and finishing works with specific equipment purchased from domestic and foreign suppliers;

1978: inauguration of the wearing apparel works, using raw material of own production;

1986-1991: new investments for the expansion and modernization of the areas, modernization of the sewage treatment station and of the energy utilities;

1996: endowment of the spinning and wearing apparel works with advanced machinery and equipment, modernization of the equipment from the weaving and finishing works, modernization of the sewage treatment station and the endowment with its own thermal power station.These investments increased the quality/price/product performance

and the volume of the exported products, all this being accomplished with its own sources of financing.

In 2003 the State launched a privatization offer and the opportunity was taken by the SCR Group, which bought the majority stock from former A.V.A.S. Bucharest.

During 2003-2006 Iaşitex has realized investments for modernizing and renewing of technology in total value of about 44.6 millions Ron in all production mills. The main target of these investments was increasing of production capacity, work productivity, decreasing of the raw materials consumption, chemical stuffs, materials, reduction of the utilities consumption (such as electric and thermal power, natural gas), reduction of the expenses related to employees, environment protection and fulfilling the standards requested by our clients.

Our experience in the textile industry guarantees the clients for seriousness and competence, as our products registered numerous

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successes during time, in Romania and in more than 20 other countries in Europe, Asia and North and Central America. Besides, the exported goods were constantly over 80% of the total products made in our company. The continuous investments we made in the quality of the professionals working in S.C. IAŞITEX S.A., as in up-to-date technologies, too, for all production sections leaded to an increasing financial trajectory and also regarding product quality, client number and reducing the negative technological impact on the environment.

10.2.Company profile

SC IAŞITEX SA Iaşi is one of the most important companies in the Romanian textile industry, becoming the biggest textile distributor for IKEA Sweeden. SC IAŞITEX SA is specialized in the production and trade of yarns, fabrics and ready-made clothes. The products are pure cotton or different mixtures of various percentages of cotton and other synthetic fibres and they can be used for a variety of purposes.

The spinning mill is specialized in the production of cotton carded and combed yarn and it has a production capacity of 3650 t/year and a conservation capacity of 1350 t/year. It has its own laboratories for the raw materials analysis and for the interphasic and final control of products in order to obtain the requested characterictics and conditions required by standards.

The fabrics created by SC IAŞITEX SA have different compositions: 100% cotton, 100% PES and mixtures in different percentages. They can be used for: interior decorations: curtains, armchair, chairs, sofas covers, decorative

cushions; domestic use: kitchen towels, napkins, table clothes; work and protection equipments: overalls, protection aprons, army

outfit; technical fabrics used as support for conveyor belts, rubber support,

insertions.The weaving mill has a capacity of 15200 thousands m² yearly of

cotton fabrics and cotton type.The ready-made clothes unit makes different products such as:

upholstery of domestic furniture: covers for armchairs, chairs, sofas, fantasy pillows;

interior decorations: window curtains, bedclothes, table clothes, kitchen towels, quilted blankets;

protection and work equipment: white, printed and colored overalls, wadded clothes, wadded costumes and both simple and wadded waistcoats.


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The registered office of SC IAŞITEX SA is Iaşi, 2 Primaverii Street, Iaşi.Phone: +40 332 411 724 ÷ 728 Fax: +40 232 246 063E-mail: [email protected]

10.4.Shareholders of the company

SC A2 IMPEX SRL Ploiesti: 59, 89% of the shares stock;SIF (Financial Investment) Moldova: 31, 55% of the shares stock;AVAS Bucharest: 3, 38% of the shares stock;PPM (Mass Privatization Program): 5, 18% of the shares stock.

10.5.Board of directors

General Manager: Mr. Ovidiu PoianăTechnical – Production Manager: Ms. Ioana BaitanuEconomic Manager: Ms. Dorina Cocea

10.6.Business opportunities

SC IAŞITEX SA has the following strategic business units: Weaving Department – it cannot function independently because of the demand for raw fabric is small and highly fluctuating. As a result, this section must operate integrated with the chemical finishing department. The technical equipment is partly appropriate, the department having both competitive weaving machines and morally and physically used weaving machines. Chemical Finishing Department – it may function independently as a finished fabric supplier, the supply of raw fabric being provided from Turkey, China, India and Pakistan. The technical equipment is at an adequate level, except for the starches sector, where the dry-starched frames and the condensed machine are below the performance level. An impediment in terms of finishing the imported raw fabrics is the long period of time necessary for the supply which affects negatively the production flexibility. Ready-made Clothing Department –it may function independently by importing the necessary finished fabrics or by working in lohn system and in this case the fabric is provided by the beneficiary. The department has advanced technical equipment but it is somewhat specialized on the interior decorating. Energetic Mechanical Department – it cannot function independently because its activity is specialized on very narrow areas: ensuring the utilities for the manufacturing sections, wastewater treatment of chemical pollutants and to maintain and repair the textile machinery.

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http://hallo.ro/search.do?l=ro&d=en&query=clothing

http://hallo.ro/search.do?l=ro&d=en&query=ready-made

Management matters!

SC IAŞITEX SA is a company committed to satisfying current and future needs of its customers through quality products. Through the professionalism of our specialists the company wants to offer a wide range of textile products at affordable prices so everyone should afford them. The products made by SC Iaşitex SA are addressed exclusively to Business to Business market, being sold to other economic entities that use them in their production processes and then sell them to the final consumer. Given this, it can be said that the demand for SC IAŞITEX SA products is a derived demand, depending on the final consumer demand exercised to the intermediate entity.

For the next period SC IAŞITEX SA has as strategic objectives the following:

to counter the global economic crisis in order to maintain and strengthen its position as leader in the production of cotton fabrics and cotton

to realize an investment program based mainly on non-reimbursable European funds to enable it to have flexibility in production and to cope with the fluctuations of the market and customer needs

to occupy a dominant position at the end of the current economic crisis.

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11. PRESENTATION OF SC CHIMCOMPLEX SA BORZESTI


SC CHIMCOMPLEX SA is constituted in 1990 under the name of “Uzinele Chimice Borzeşti” (Chemical Plants Borzeşti) within the “Combinatul Petrochimic Borzesti” (Petrochemical Combine Borzeşti) which has in its componence the “Oil Refinery” and the “Synthetic Rubber Plant” Oneşti.

SC “Chimcomplex” SA is part of the Petrochemical Platform Borzeşti, set-up in order to process the rich salt and oil resources of the area.

In 1959 the first operational objectives are inaugurated: the Oxygen Plant, Detoxan and Monochlorobenzene Plants. In 1960 the first Sodium Chloride Electrolysis Unit starts the production, the investment works being developed since 1954.

Later on the company extends by the construction and functioning of three more Salt Electrolysis Units.

In the next years, the structure of the main technological flux is completed with: the flux of chlorosodic products and its derivatives and the flux of organic synthesis products.

The range of the manufactured products is continuously developed including other products such as: other chlorosodics products, inorganic chlorides, organic solvents, plastics, alkylamines, pesticides and compressed gases.

In 1990 “Uzinele Chimice Borzeşti” separates from “Combinatul Petrochimic Borzeşti” and in 1991 becomes SC CHIMCOMPLEX SA Borzeşti, a joint-stock company.

Since 1996 by the function of the modern chemical plant for manufacturing the sodium chloride products, built in co-operation with KRUPP UHDE Germany, the company improves its economic efficiency.

Endowed with latest fabrication facilities and high technologies, similar with the ones of Western competitors SC Chimcomplex SA Borzesti is, nowadays, the unique producer of 26 kinds of products.


As an essential part of SCR Group, the strongest industrial group in Romania, SC Chimcomplex SA Borzesti is one of the most important chemical producers in Romania. The production structure includes two major installations: one for manufacturing basic Inorganic Products (Chloralkali and Inorganic Chlorides) and the other one for Organic Products (Solvents, Alkylamines and Pesticides).

The company had to continuously comply with the new demands by performing restructuring programs and implementing requirements of

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Quality Management System. Thus, SC CHIMCOMPLEX SA BORZESTI acquired RS ISO 902 certificate concerning the manufacturing and trading of its products.

In order to protect the environment nearby and convinced that prosperous business may be done without neglecting the possibility of the future generations to live in a healthy environment, CHIMCOMPLEX S.A. drown up its own Environment strategic policy according to RS ISO 1400.

Nowadays SC CHIMCOMPLEX SA BORZESTI manufactures over 70 chemical products used in a lot of work fields from national economy. The company is the unique producer of 26 products: N-Methyl-2-Pirrolidone, Methylene Chloride, Trichloroethylene, Methylamine, Ammonium Chloride, Phosphorus Oxychloride, Sulphurizated Isobuthylene, Chloroform, Alpha-pyrrolidone, etc.

11.3.Registered offices

The registered office of SC CHIMCOMPLEX SA is Onesti, 3 Industriilor Street, Bacau.Phone: +40 234 302 400Fax: +40 234 302 002 E-mail: [email protected]


SC A2 IMPEX SRL Ploieşti 95,303% of the shares stockSIF Moldova 3,822% of sharesOthers 0,875% of shares


General Manager: Mr. Dumitru ComanEconomic Manager: Ms. Anisoara AlexaProduction Manager: Mr. Octavian PopescuCommercial Manager: Mr. Daniel PrisacariuInvestment Manager: Mr. Ionita Manea


By manufacturing a great variety of products the company is involved in most of the branches of the national economy with more than 1000 clients. The internal market clients activate in agriculture and other branches of the national economy such as: energetic, chemical and petrochemical, pulp and paper, pharmaceutical, rubber and plastics

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processing, metallurgy, automotive, light industry, food industry, wood and furniture industry, etc.

Considering the productive potential of the company the internal demand for its manufactured products is low, which is why the company has directed towards an export sales strategy developing yearly the business relationships with partners from outside.

The main exported group of products is Chlorosodics, covering about 75% of the turnover and 80% of exports. The main foreign markets for such products are: Turkey, Hungary, Bulgaria, Ukraine, which hold together about 75% of exports.

With the escalating economic and financial crisis, SC Chimcomplex SA identified new market positions, approaching customer segments less affected by the crisis. At the same time the company focused its offer on family products such for domains such as: energetic (liquid caustic soda, hydrochloric acid, calcium chloride), industrial waste water treatment, potable water purification (ferric chloride, sodium hypochlorite), alimentary domain (calcium chloride flake, caustic soda flakes, sodium hypochlorite), metallurgic (hydrochloric acid, liquid caustic soda).

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12. PRESENTATION OF SC NOVA TEXTILE BUMBAC SRL


The Textile Company NOVATEX, located in the northern side of Piteşti has a long and tumultuous history. In 1914 a group of Polish businessmen constitute a small spinning mill.

In 1939 the factory called “Mica” increases the production capacity of the spinning mill by acquiring 480 looms. The Second World War (1943-1944) strongly affects the plant; the bombardments partially damage the factory;

In 1945 “Mica” decides to start all over again its activity. During 1945-1948 it rebuilds the production units by acquiring only 100 looms then buying another 150 looms.

In 1948 the communism regime transforms the factory into a state company; by joining another existing company (that has a weaving and a finishing mill) located on the southern side of the town the company changes its name into “Textila 11 Iunie”.

During 1949-1990 “Textila 11 Iunie” transforms into “Textila Piteşti” and becomes an integrated company having now spinning, weaving and finishing mill.

In 1990 the two former companies separate once again so Novatex is created having a predominantly state ownership structure.

In 1997 the company has a governmental guaranteed credit that permits the acquisition of a complete production line and the change of the equipment from the spinning and finishing mill. In the same year Novatex is privatized and will function under the name of SC NOVA TEXTILE BUMBAC SRL Piteşti with the main activity that is the manufacture and trade of the cotton fabrics and textile yarns.


SC NOVA TEXTILE BUMBAC SRL is the leader in cotton and cotton-blend textile production from Romania. The company is integrated from the production perspective, having in its composition a spinning mill, a weaving mill, a dyeing mill and a garment mill. SC NOVA TEXTILE BUMBAC SRL has high technical equipment that allows the producing of many kinds of fabrics with various technical characteristics, purpose and destinations. The company offers a line of various products: from ready-made shirts to protection and work equipments, home articles and industrial articles. In august 2006, SC NOVA TEXTILE BUMBAC SRL obtained the extension of the quality certificate ISO 9001:2000, and in March 2007, the certification in domain of environment management according to ISO 14001:2005.The quality of our products, the employee’s professionalism and the

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performing management made our company to dominate Romanian market and being appreciated on external markets. The company exports to Germany, Italy, France, Belgium, Ireland, England, Holland and Sweden.


The registered office of the company is 70 George Coşbuc Street, Pitesti.Phone: +40-248-282.883Fax: +40-248-280.664E-mail: [email protected] www.nova-textile.ro


SC IAŞITEX SA: 100%


General Manager – Mr. Danut SporeaProduction Manager – Mr. Marin StanCommercial Manager – Mr. Gabriel Vlascianu


Taking into account the existing realities in the market the company intends to replace the products whose production diminished in comparison with other products and to open a new perspective concerning the sustaining of marketable products in order to find its place on the market. It should be mentioned that through the efforts of the Creation and Technical Department and Sales-Marketing Department new products are being launched: items for the market of technical products (support for the abrasives produced by CARBOCHIM Cluj), items dedicated to manufacturing children’s clothing (OPRICA, ASASHORYU, CATENA – fabrics for uniforms produced by KAPODOPERA Bucharest), items used to manufacture fast-food clothes (FAUR and denim articles- fabrics for shirts and trousers for SPRING TIME). SC NOVATEXTILE SA also wants to develop the collaborative relationships in order to manufacture linen fabric (NOLA article) for EXQUISITE.

S.C. NOVATEXTILE S.A is contacting yarn manufacturing or distributing companies from Turkey Uzbekistan, Greece, Lithuania, Great Britain, Germany in order to find yarn suppliers at smaller prices.

The complementary activities of society especially the space rentals and electricity supplies will constitute a way to provide more profit.

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13. PRESENTATION OF SC SOMEŞ Dej SA


In 1963 it is founded “Combinatul de Celuloza si Hartie” from Dej (the Pulp and Paper Mill Dej). The designed production capacity is of 60.000 t/year of softwood kraft pulp and 34.000 t/year of paper used for packaging.

On the 11th of July 1966 the production starts. In 1969 the Mill becomes an economic unit as central office,

including besides the industrial platform of Dej, the following mills: Paper Mill Petreşti, Alba county Paper Mill Bistrita, Prundu Bârgăului Cardboard and Pasteboard Mill „Mucart”, Cluj Napoca.

In 1970 it begins the construction of a new pulp production line with a capacity of 60.000 to/year which begins its activity in 1973.

In 1973 the company statutes as a central is dissolved “Pulp and Paper Mill” remaining an independent one.

In 1980 the cotton staple fiber mill is put into operation with a production capacity of 30.000 t /year and it functions till 1990.

In 1986 the Chemical Pulp Mill is put into operation at its full capacity: 80.000 t /year. It functions till 1999, when due to the pollution it causes the production is stopped.

In 1988 the Carbon Disulphide Mill starts the activity but it functions only 20 days because of the lack of the raw material (sulphur).

In 1990 The Pulp and Paper Mill Dej becomes a commercial company under the name of S.C. SOMEŞ S.A.

In 1994 the process computer from the Austrian company Measurex is installed at the Paper machine and the electrolysis installation is modernized with the help of Krebs Company from France.

In 1998 due to accumulated losses, the State Property Fund (FPS) prepares the liquidation dossier for the company.

In 1999 according to the Law no. 64/1995 the legal reorganization procedure of the company is accepted. The Reorganization Plan is made for 1999-2004. The main idea of the plan is the payment of the debts towards the creditors (in total amount of 329 million ROL) by reducing costs, profit maximization and obtaining positive cash flows.

In 2000 the State Property Fund (FPS) sells the majority stocks to the Austrian company Hovis GmbH, SOMEŞ SA becoming a company with totally private capital. The investment program starts and the main objectives are: reducing the effects of air pollution over the environment, increasing the quality of the products, decreasing the specific consumption and implicitly the production costs, increasing the production capacities.

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In 2001 the investments started a year ago continue and in 2002 the paper production and trade activity receives the Germanischer Lloyd quality certification according to ISO 9001:2000. By investing in the paper making machine the production capacity increases from 34.000 t /year to 40.000 t /year and reduces the energy consumption of chemicals and water. At the end of the year, the name of the main shareholder is changed from Hovis GmbH into MFC Commodities GmbH. The name is change reflecting the purchase of Hovis majority stocks (95.5 %) by MFC Bancorp Ltd Group and it confirms its total integration in the group structure and extension strategy.

In 2003 the effects of the modernization made to the production plants can be seen. Thus, in October, on the pulp installation with a planned capacity of 5.500 t /month dry pulp, it is obtained 7.098 t of dry pulp. The Germanischer Lloyd Company certifies again the paper production and trade activity and certified the activity of pulp production and marketing.

In 2004 SCR Group purchases the majority stocks from MFC Commodities GmbH Austria.


SC SOMES SA Dej is the national leader in paper industry. The company's object of activity is the production and selling of bleached and unbleached packing paper and paper for writing and printing. The mill produces 50000 t/year of kraft paper.

The certifying of the quality management system according to ISO 9001 and of the environmental management system according to ISO 14001, accredited by Germanischer Lloyd Company, represents the guarantee of qualitative products and services.

13.3.Registered office

The registered office of S.C. SOMES S.A. is Dej, 63 Bistritei Street, 405200, ClujTelephone: +40 264 223 417Fax: +40 264 222 182E-mail: [email protected]


SC A1 IMPEX SRL 62, 60%MFC COMMODITIES GMBI 9, 8%SIF BANAT CRISANA 13, 12%SC A4 IMPEX SRL 9, 74 %Others: 4, 74 %

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General Manager: Mr. Grigore CraciunEconomic Manager: Mr. Radu StirTechnical Manager: Mr. Gheorghe Dutuc


The development strategy of SC SOMES DEJ SA has been adapted to the current economic crisis. The strategic activity in this moment is the paper manufacturing, the pulp becoming unprofitable. As a consequence the pulp line has been stopped (put in stand-by) and the production activity has been set on paper manufacturing. Paper has always been the main profit generating product of the company representing 70% of the profit from sales.

Most of the final products of SC SOMES DEJ SA are exported, the Romanian producers being forced to rise to the standards imposed by other foreign producers. Customer needs and purchasing criteria are about the same but the domestic and foreign markets for paper will be analyzed globally.

For the next period, in its short term strategy, SC SOMES DEJ SA intends to become a zonal player on the paper market delivering its products on local and regional market.

The long-term strategy foresees the modernization of the production lines, including increasing the capacity of pulp and paper production. There are included complex projects whose realization depends on the evolution of pulp and paper market during the international economic crisis.

The position of the company as unique producer on domestic market of paper packing made of virgin fiber (bleached, unbleached) gives the products a major advantage in terms of quality. This does not mean that the introduction of the recycled fiber in certain production recipes is not an important goal, but the products will be segmented according to the customer requests.

The degree of substitution of plastic packaging with paper packaging (according to European legislation) is increasing and this fact should be exploited by the paper manufacturers. In addition these products have short life cycle, which means a continuous and rhythmic demand.

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14. PRESENTATION OF SC CAROMET SA


The company is founded in 1969 by a Minister's Council Decision and is located in the north-east side of the city, on DN 68 Road, which connects Caransebeş with Haţeg. In 1971 the company begins the manufacturing process under the name of “Uzina de Constructii Metalice” (Metallic Construction Factory).The initial scope of work consists of: steel structures for industrial buildings fabrication, steel structures for solid fuel boilers fabrication, welded assemblies.

The locomotive bogies' fabrication starts in 1973. As result, high skilled personnel are trained due to the complexity requested by the new products. During this period new auxiliary departments develop: heat treatments, maintenance, compressor station, heating station, water treatment station, designing, etc.

In 1978 it is approved the building of a new warehouse where in 1983 begins the manufacturing of hydro-mechanical equipment, hydro-turbines and small turbines for the Romanian hydropower stations.

In 1991 SC CAROMET SA constitutes as a commercial company according to the Law No. 15/1990 as consequence of the reorganization process of “Uzina Constructoare de Masini” and according to the Romanian Government Decision no.1254/1990 having the state as majority shareholder. Meanwhile, SC CAROMET SA implements the Quality managements systems such as: ISO 9001, SLV Munchen, TUV, EWF and in 1996 it obtains the 24th International Quality Trophy.

In 2004 S.C. CAROMET S.A. becomes a member of the Romanian Commercial Services Group- Piatra Neamţ being a full private owned company.


SC CAROMET SA is part of the Industry Dedicated Equipment Division. The company produces and delivers a large range of products carried out according to the international standards: metal confections for industrial constructions, metal confections for boilers with solid fuel, welded assemblies, hydro mechanical equipments, energetic equipment for thermal power stations, wagon, tramway and subway bogies, micro turbines and hydraulic turbines.

For the above mentioned products, the company has its own sections: tool shop, heat treatments, compressors stations, oxygen factory, designing departments.

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The registered office of SC CAROMET SA Caransebeş is DN 68 Km 32.Phone: + 40 255 512 583Fax: +40 255 512 583E-mail: [email protected]


S.C. IAŞITEX S.A. 70, 00%SIF BANAT-CRISANA 17, 34 %Other shareholders 12, 66 %


General Manager: Mr. Attila Bognar Commercial Manager: Mr. Vasile Trasca Production Manager: Mr. Sergiu BegFinancial Manager: Ms. Melania Munteanu Technical Manager: Mr. Mircea Sabau


The commodity markets of the products of CAROMET have a particular specification, the products being manufactured according to international norms (UIC – for rolling stock, RO – for metal constructions, welded assemblies and hydroelectric equipment) and customer specifications, which differ from one contract to another.

The permanent concern to find new products with real demand on the market, led CAROMET to the production of motor housing. The production of this product requires a high degree of accuracy so in case of mass production the company will need to purchase special machines

Another area which represents a business opportunity is the construction of railway bridges so SC CAROMET SA has done all necessary steps to obtain all the work permits related to railway bridges.

Concerning the strategic development the company follows the company continues and develops the manufacturing of: bogies, components and parts for rolling stock, hydro-mechanical equipment (Caromet has the necessary technology to achieve its objective at the required market parameters), metal confections for civil and industrial construction, etc.

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15. PRESENTATION OF SC INAV SA


SC INAV SA has carried out its activity under this name since the 15th of July 1991, according to the certificate of registration at the Chamber of Commerce and Industry of Bucharest, number J/40/6491/1991. S.C. INAV S.A. has carried out its activity under different names and structures for about 50 years (since 1950) when The Applied Mechanics Institute of the Romanian Academy was established. Later on, in 1965, the Institute of Fluid Mechanics (also belonging to the Romanian Academy) has separated from this institute as a company specialized in the aeronautical and space fields.

Starting with 1968 The Aerospace Design and Research was established and later on the Institute of Fluid Mechanics and Aerospace Research IMFCA has been organized, IMFCA assumed control of all the Romanian aeronautical research. Ten years later, IMFCA has been reorganized becoming The National Institute for Technological and Scientific Creation. Later on, in 1985 its name was changed again and became The Institute for Aerospace Scientific Research and Technological Engineering -ICSITAV. Its activity was mainly focused on design and this resulted in leaving the theoretical research on the second place although this activity was remarkable during the period the institute had belonged to the Romanian Academy.

INAV-S.A. is authorized by RCAA (member IAA) to design FAR/JAR-23 and FAR/JAR-VLA civil aircraft. INAV-S.A. possesses the secretariat of technical committees for national standards CT-67, CT-72, CT-296, CT-303 in the field of Aeronautics and Space (ISO TC 20, CEN, CEI, ETSI, CCSDS etc.) Since 1991, improving the valuable heritage of former INCREST, INAV has offered aeronautical industry leaders throughout the country its high-tech expertise and has developed a unique ability to meet the most difficult technological challenges.

INAV Bucharest became member of SCR Group in 2009 and is part of the Aeronautical Division.


SC INAV SA Bucharest offers technical and scientific expertise in aeronautical and other high technology industries. Participating along with its customers and accompanying them in the development of Civil Aircraft and Transport projects, the company provides engineering consulting and technical assistance, manages projects and designs, offers strategic advice and new concepts and patents. Romanian Civil

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Aeronautical Authority (RCAA) commissioned INAV to design and develop civil aircraft projects according to FAR/JAR-23, and FAR/JAR-VLA.

Optimal use of the most advanced design technologies and immediate mobilisation of highly qualified human resources with leading-edge experience make the organisation totally dedicated to serve the customers with highest quality services and within tightest deadlines.


The registered office of SC INAV SA is Bucharest, 44A Ficusului Blvd., Sector 1Phone/Fax: +40 21 232 37 24, +40 21 232 76 67, +40 21 232 68 87E-mail: [email protected]


SC IASITEX SA - 99.556%The Association of Employees and Management Members of S.C. INAV S.A. - 0.436%Other shareholders - 0.008%


General Manager: Mr. Virgiliu BancilaScientific Manager: Mr. Dorin Barsan


The current projects of the company are: IMINT/UAV surveillance and reconnaissance system: SISUAR integrated security system based on an aerial platform for critical

areas protection: SISAEROThe project IMINT/UAV SURVEILLANCE AND RECONNAISSANCE

SYSTEM, acronym SISUAR has the objective to elaborate a specialized security technique with the intention to realize a reconnaissance system based on an autonomous aerial platform, the manufacture of an integrated model system and its testing. The project’s aim is to obtain real time images, risk elements identification using image processing techniques, warning generation for the system operator, peculiar interest data communication, in autonomous flight configuration, but also with ground control possibilities in radio visibility radius of 180-200 km. Beyond this distance, the information are stocked onboard and further transmitted or brought to the ground. The system is addressed to the military and security missions for areas surveillance, the detecting and locating of targets, search and rescue missions, border monitoring and intelligence

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about enemy’s elements arrangement. At this project INAV S.A. has as partners: National Defense University “CAROL I”, CSA-INCAS and SC COMPOZITE SRL.

The project INTEGRATED SECURITY SYSTEM BASED ON A AERIAL PLATFORM FOR CRITICAL AREAS PROTECTION, acronym SISAERO has the objective to elaborate a specialized security technique with the intention to realize a surveillance system based on a small autonomous aerial platform, the manufacture of an integrated model system and its testing.

The project’s aim is to obtain real time images, risk elements identification using image processing techniques, warning generation for the system operator, peculiar interest data communication, in remote controlled flight configuration, but also with autonomous capabilities – the system is equipped with autopilot – in case of radio link loose. Operational range in remote controlled system is 3 km. Beyond this distance the information are stocked onboard and further transmitted or brought to the ground. The system is addressed to the military and security missions for sensitive areas protection, rescue from affected buildings, usage assessment for bridges and hydro-constructions, alerting, but also the search and rescue missions in critical zones. At this project SC INAV SA has as partners: National Defense University “CAROL I”, SC STRAERO SA and Military Equipment and Technologies Research Agency.

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Documents

Team of managers CURRICULUM VITAE - aicep · Web viewSCR GROUP TEAM OF MANAGERS CURRICULUM VITAE PRESENTATION OF SC SERVICIILE COMERCIALE ROMANE SA PRESENTATION OF SC AISA Invest SA