Romania: Fuel Distributor to list on Bucharest Exchange
Funds will go towards financing new lines of business.
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Funds will go towards financing new lines of business.
Romanian independent fuel distribution company JT Grup Oil initiated the procedures and announced plans to carry out a public offering (IPO) by which 10 million new shares worth EUR 12 million and accounting for 28.5% of its capital would be followed by the listing of its shares at Bucharest...
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The shares of Purcari Wineries (BVB: WINE) rose by 2.5% on May 15 at the Bucharest Exchange after the company announced its revenues rose by 31% y/y in Q1 and the management proposed a dividend out of 2022 profit, equivalent to a 6% yield on the announcement date. The company has a market...
The shares of Romanian hydropower group Hidroelectrica will be included in the market indices of the Bucharest Exchange (BVB) immediately after they are listed by IPO and made available to trading, BVB decided on May 12, during the extraordinary meeting of the Index Committee. Hidroelectrica will...