Electroalfa International launches IPO on BVB

Business Forum
The initial public offering (IPO) of Electro-Alfa International kicked off on February 2nd and will end on 11th February 2026.

The company, a major player in electrical equipment manufacturing, is offering a total of 65.9 million newly issued shares on the Bucharest Stock Exchange (BVB).

The offering is divided into two tranches. The retail investors tranche consists of around 6.6 million shares, representing 10% of the total offer. The remaining 90% is allocated to the institutional investors tranche.

For retail participants, orders are placed at a subscription price of RON 8.85 per share. However, the final offer price will be established between RON 8.35 and RON 8.85, depending on the bookbuilding process within the institutional tranche.

Electro-Alfa International holds an estimated 32.49% market share in Romania's electrical equipment sector as of 2024, ranking among the top three manufacturers. The company operates an integrated model covering design, production, installation, commissioning, and maintenance across low and medium voltage electrical equipment and complex EPC projects.

It runs four production facilities in Botoșani spanning over 25,000 sqm.

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Business Forum  |  19 March, 2026 at 5:00 PM
Business Forum  |  19 March, 2026 at 3:00 PM