Company - Mecanica Fina

Mission and objectives

Creating wealth and value, which are increasing, and the long term reinterpreting the past in order to give new forms and substance to the future with full compliance of sustainability.

The modernization and improvement of the existing historic building heritage to adjust it and make it to constantly respond to international standards.

The development and implementation of new projects and investments to functional and aesthetic standards of high quality to improve and diversify the real estate portfolio.

The aim is to create economic value for its shareholders realizing their own social role and their own responsibilities.

Company history

2022

Acquisitions of new participations

December 2022:

Mecanica Fina SA takes over a new package of shares in the company Industrial Cefin SA representing 50% of the total social capital and acquires control over this company (88.73%).

2019

Mecanica Fina SA acquires 38.70% of the shares of the company Industrial Cefin SA

Mecanica Fina SA acquires 38.70% of the shares of the company Industrial Cefin SA, the object of activity of the company Industrial Cefin SA is the development and promotion of real estate.

2015

Mecanică Fină Bucharest enters the main market of the Bucharest Stock Exchange

Mecanica Fina SA is admitted to trading at the Bucharest Stock Exchange, Main segment, Standard category, symbol MECE.

2009

The Company decides to close the industrial production

The Company decides to close the industrial production given the central location of buildings and becomes Property Company.

2006

The Company enters in the agricultural sector

The Company enters in the agricultural sector by founding SC ITAGRA SA.

2000

Mecanica Fina is sold by the State

Mecanica Fina is sold by the State and becomes a private company.

1997

The Company is quoted on exchange

1991

The Company was divided into four independent companies

The Company was divided into four independent companies: Diasfin, Sigmafina, Carmesin and Mecanica Fina, the last one is taken over a built area of 55000 sqm and continues the industrial production of measuring and control devices.

1953

The Company was completely restructured

The Company was completely technological and organizational restructured, for the production of measuring and control devices, becoming the first in classification of Romanian enterprises.

1947-1948

Mecanica Fina produces medical instruments

Mecanica Fina produces medical instruments, equipment for telephone lines, reducers for oxygen cylinders and others.

1946

The Company goes to massive manufacturing of spare parts

The Company goes to massive manufacturing of spare parts for rolling stock contributing to the reinstatement of CFR wagon yard, destroyed during the war.

1923

Mecanica Fina was founded

Mecanica Fina was founded as the “Societatea de Exploatari Tehnice (S.E.T)” having as purpose the organization of aircraft production.
Throughout this period it runs several prototypes of airplanes, of which in 1930, the fourth prototype of the plane “SET 4”, by private label, that registered a great success.