Nicolae Duşu, Celco: Together with TTS I hope to revamp Socep

The main shareholder of Socep Constanţa harbour operator says he will work with TTS group, after the two investors fought on the Bucharest Stock Exchange to seize control over the company.

Businessman Nicolae Duşu, who, together with Ion Duşu controls ACC producer Celco Constanţa, including 43% in Socep Constanţa stock, says Transport Trade Services (TTS) group, held by Mircea Mihăilescu, becoming a shareholder of the harbour operator will benefit the company.
Socep, controlling 5% of freight traffic in Constanţa Harbour, has been the target of one of the roughest battles on the Stock Exchange in recent months, doubling its price on this market since the beginning of the year.
"From the talks I've so far had with TTS representatives, I believe their becoming a Socep shareholder is a gain for the company. They have new ideas they want to put into practice and I believe that together we will be able to do more and revamp Socep," Nicolae Duşu says.