GRF+ plans IPO on BVB's AeRO market

Business Forum

11 March, 2025 at 1:46 PM

Local communication consultancy Graffiti Plus (GRF+) has announced its intention to go public this year on the AeRO market of the Bucharest Stock Exchange (BVB).

The IPO is expected to take place in mid-2025. Goldring will act as the brokerage firm assisting GRF+ in the capital-raising process and stock market listing on the market designed for small and medium-sized enterprises.

The company plans to use the proceeds to develop new products and integrate digital technologies into its operations and services. GRF+ also plans to expand its regional presence.

"GRF+'s business strategy is centered around continuously exploring markets and strategic economic territories where we can create value," said Bogdan Tomoiagă, Chairman of the Board of GRF+.

GRF+ has a team of 85 consultants and a client portfolio that includes numerous multinationals.

In the past four years, the agency has consistently exceeded €7.4 million in annual revenue, with a net profit margin of approximately 5%.

Cris-Tim raises almost €90 million from IPO

Cris-Tim Family Holding, the Romanian cold cuts and ready-meals producer, successfully completed its initial public offering (IPO), raising RON 454.35 million (€89.5 million).

Finance

Cris-Tim Family Holding plans IPO on BVB

Cris-Tim Family Holding, the Romanian food maker specialized in cold cuts and ready-meals, has announced its intention to launch an Initial Public Offering (IPO).

Real estate

Meta Estate Trust aims for transfer on main BVB market

Meta Estate Trust has published its H1 2025 report, recording a net profit of RON 4.65 million (€0.93 million), in line with its budgeted figures.

Finance

Derpan raises €2 million in bond sale

Croissant manufacturer Derpan, part of the Golden Foods Snacks group, has successfully completed a private placement of corporate bonds.

Finance

MSCI upgrades Romania to Advanced Frontier Market

Romania's capital market has achieved a significant milestone, being classified as an Advanced Frontier Market by MSCI, a leading global index provider.

Industry

Arobs makes US acquisition

Arobs Transilvania Software has completed the acquisition of Codingscape, a US-based company, in a deal exceeding $12 million.

Finance

Romanian currency gains ground against euro, US dollar

The Romanian leu was up on Monday against the main foreign currencies, starting to recover some of the losses recorded in the past week over political uncertainties.

LATEST NEWS

13 Nov

Expur relocates HQ to Business Garden Bucharest

13 Nov

Romanian inflation to hover around 9% by mid-2026, says ING

13 Nov

BT launches EUDIW pilot in Romania

13 Nov

CPI Romania completes first phase of Sun Plaza upgrade

13 Nov

Aquila posts 17% revenue growth on nine months

RECOMMENDED FROM THE HOME PAGE

Economy

Romanian inflation to hover around 9% by mid-2026, says ING

Romanian inflation eased slightly to 9.8% in October from 9.9% in September, with declining food prices providing some relief while services inflation remained elevated. The National Bank of Romania is expected to maintain current rates until mid-2026.

Finance