Shareholders of biodegradable packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast, have approved the company split-up and the transfer of a part of the patrimony to the newly established firm Obor Development.
Biodegradable packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast and held by businessman Florin Pogonaru, has started the transfer of assets unrelated to its core activity, towards a new entity, Obor Development, and the splitting process is due for completion until December 31, 2021.