The fresh funds could be drawn from both banking and non-banking sources. At the same time, shareholders will be asked to approve a new disposal program on non-core assets with an estimated value of €20 million.
The group with industrial platforms in Onești and Râmnicu Vâlcea is 85% controlled by CRC Alchemy Holding, while the Romanian state holds 9% of the capital.
Chimcomplex shares were down close to 2% to RON 10 on Monday evening trading on the Bucharest Stock Exchange (BVB).
The consolidation will involve offering 1 new ONE share for every 50 existing shares, impacting the number of shares and the nominal value of One United Properties' shares.
Target: 200 clients for the Discretionary account in 2024 and 500 by the end of 2025.
The new funding round comes as FintechOS celebrates significant business achievements, including a 40% year-over-year growth and a 170% increase in operating margins.
The group will offer a maximum of 174,258,721 new shares to investors. The operation starts on June 3, 2024.
The newest ETF on the local capital market will start trading on the Bucharest Stock Exchange on May 29th, 2024, with symbol ICBETNETF.
The financing will be used to support the production of the new Ford Puma, the Ford Transit Courier and Ford Tourneo Courier models, as well as the production of their all-electric versions.
The 2025 landscape is marked by geopolitical tensions and the upcoming Romanian presidential elections, contributing to a cautious business environment.
Romanian private equity firm Roca Investments has announced the completion of an amicable separation process within its agricultural holding, resulting in a full divestment from cereals producer RDF.
Greenvolt Next has signed a 10-year power purchase agreement (PPA) with Centrul Agro Transilvania Cluj to install and maintain a 550 kW photovoltaic system.
Xella Romania names new CEO
The new Agroland store in Arad is the first MEGA unit opened in Arad County, bringing the total number of Agroland stores in the county to four.
