Mindo SA

    Mindo SA

    BBVB:MINO
    0.11
    RON
    -0.04
    (-27.27%)
    No data availableFinancial data will appear here once available

    Capital Structure

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    Working Capital

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    Quarterly Dividends Per Share

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    Company Description

    Address
    IPO Date
    Dec 3, 1996
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    Mindo SA is a Romania-based industrial manufacturer and supplier specializing in non-metallic mineral building materials, dry mortars, thermal insulation systems, and processed mineral aggregates. Founded in 1990—with operational roots in mining dating back to 1967—the company is headquartered in Dorohoi, Botoșani County, Romania, and operates as a subsidiary of Longshield Investment Group SA (formerly SIF Muntenia SA), which holds an approximate 98% ownership interest. The company operates through two core business divisions: Construction Materials and Mineral Extraction. Its comprehensive product and service offerings comprise dry mortars, masonry cements, and construction adhesives marketed under the proprietary MINDOPLAST brand, including ceramic tile adhesives, masonry mortars, interior and exterior finishing plasters, and thermal insulation adhesives such as MINDOPLAST INTEX X1 and T1 Term; expanded polystyrene (EPS) insulation panels and thermal insulation systems engineered for residential and commercial building envelope retrofitting; high-purity quartz sands, silica sands, quartz flour, and flint pebbles extracted and processed for use in construction formulations, glassmaking, ceramics, foundries, and electrotechnical industries; and custom mineral aggregate sorting, grading, and bulk distribution services catering to civil engineering contractors, building material retail networks, and industrial manufacturers primarily in Romania. In recent developments, Mindo SA has undertaken significant corporate restructuring and operational expansion. In April 2026, the company's shareholders approved the withdrawal and delisting of its shares from the AeRO multilateral trading facility of the Bucharest Stock Exchange (BVB: MINO), leading to the formal suspension of trading in July 2026 as majority shareholder Longshield Investment Group consolidated control. In addition, the company strategically broadened its raw material extraction operations in 2025 by securing an exploitation license and initial environmental permits for a gypsum extraction project in Păltiniș, Botoșani County, strengthening its supply chain integration for construction mortar production.