11.7 C
București
vineri, 29 martie 2024 - 7:16
No menu items!

Roca Industry starts trading on BVB

spot_img

The Bucharest Stock Exchange (BVB) announced on Thursday that Roca Industry, a Romanian holding company that brings together the companies in the field of construction materials in the portfolio of ROCA Investments started trading on BVB under the stock symbol ROC1, according to a press release.

Roca Industry is listed on the AeRO stock market following a private placement held in December 2021, through which 4,500,000 shares were sold at a price of 10 RON per share.

Roca Industry attracted from the capital market investors RON 45 million. The amount raised will be used for the development of the current subsidiary of the holding company and for the acquisition of other companies in the construction materials industry in order to become the main local supplier for the main DIY store chains in Romania.

The private placement and the listing were made with the support of BT Capital Partners. Roca Industry Holding is part of ROCA Investments, a company that contributes to the amplification of companies’ potential, supporting them to develop business strategies that accelerate the growth of their value in the long run.