VES Sighişoara manufactures stoves, fireplaces and enameled pots, going through periods of glory, with huge profits, as well as periods of collapse, once the crisis broke out, when customers changed their mind and withdrew their orders, and the plant had to let go hundreds of its workers, only to then manage a turnaround and hire them back.
The management of the factory of Sighişoara has known dramatic changes over time (Cristian Sima was its president for a while), marked by numerous disputes and lawsuits.
On its website, VES Sighişoara identifies itself with the mythical centaur Chiron, a titan, teacher of healers, who was unable to heal himself following the wound inflicted by one of Hercules" arrows, dipped into the poison that the hero had been offered by the centaur himself.
Chiron offered his immortality to Prometheus, (the hero who stole the fire from the gods to give it to humans), which is why the ancient Greeks have honored the titan by naming a constellation with his name (Centaurus).
Nowadays however, we have no idea who this "Chiron" of Sighişoara is being offered to, because the offer isn"t public, even though all the maneuvers involving the stock of VESY suggest that the operation should have been authorized by the regulators first.
* Shares of VESY experienced wild swings of ±15%, without the support of any news concerning the company
The stock of VES Sighişoara had a surprising evolution over the past two weeks, with prices experiencing swings of plus/minus 15% for several days in a row, without any news about the company"s development plans that would have justified such swings being published on the website of the Bucharest Stock Exchange.
However, some people speak of a struggle between businessman Cătălin Chelu and Alexandru Farcaş, the president of the Board of Directors, to seize control