* The board member who got the most votes from shareholders wants to save and reform the Sibiu Exchange

Iancu Stavrositu, who was given a seat on the Board of Directors by the shareholders of the Sibiu Exchange, in the General Shareholder Meeting of November 19th, has made his goal to bring back Sibex to operating profit within a year.

Iancu Stavrositu, the president of SSIF Interfinbrok Corporation, got the most votes from the shareholders present, 61.28% of those present.

The "watchers" of the General Shareholder Meeting placed Stavrositu in the camp of < Baloşan > (ed. note: Bogdan Baloşan, a shareholder who owns 5% of Sibex), whom it is said wants a controlled liquidation of the Exchange.

However, Iancu Stavrositu said that people can say many things, but he comes with concrete plans to save and reform the Sibiu Exchange.

He said: "I want to thank shareholders for their trust, considering I was elected with a significant majority, but this also creates obligations for me.

I praise the overall atmosphere of the AGA, even though the context isn't exactly sunny (ed. note: the scandal involving former CEO Cristian Sima)".

Iancu Stavrositu considers that the General Shareholder Meeting of November 19th was very constructive, and shareholders came up with proposals and ideas.

Concerning the most important item on the agenda, the elections, Iancu Stavrositu noted that the shareholders have elected a very balanced Board of Directors, which comprises representatives of the SIFs, of the financial investment companies and of the individual shareholders: "This sets the premises for the Board of Directors having support from the shareholders in its actions it will take in the near future- to save and reform Sibex".

Given that Sibex is in a delicate financial situation, at the moment, Iancu Stavrositu considers that the ne