Cris-Tim Family Holding, the leader in Romania’s cold cuts and ready-meals market, announced today, September 29, its intention to list on the Bucharest Stock Exchange’s (BVB) Regulated Market. Cris-Tim plans to list its shares in the Premium category of the BVB Regulated Market following the successful completion of the Offering. The Initial Public Offering (IPO) will combine a subscription of newly issued ordinary shares with the sale of existing shares by the majority shareholder, Rangeglow Limited. The offering targets retail investors in Romania as well as institutional investors outside the United States. Complete details, including the final structure and timetable, will be published in the Prospectus, which requires prior approval from the Financial Supervisory Authority (ASF). “We have demonstrated that we can manage complex economic situations over more than 30 years of experience, and the company has grown alongside the Romanian economy. We are market leaders in the cold cuts and ready-meals segments and have ambitious growth plans for the coming years,” said Radu Timis Jr., CEO of Cris-Tim. The producer has budgeted investments of 890 million lei through 2030, with projects starting this year. Some of the investments will be directed toward expanding existing production capacities, partially financed through the national agro-food industry revitalization program Investalim, running from 2025 to 2028. In addition to organic growth, the company is also exploring potential mergers and acquisitions over the next three years.
Education at AISB is stepping into the future. The American International School of Bucharest (AISB) proudly announces the launch of the Global Impact Diploma (GID), a groundbreaking academic pathway that empowers students to create real-world change while excelling in their studies. Offered at only four other schools worldwide, the GID places AISB among a pioneering […]
The largest event in the country dedicated to animation film begins in Bucharest, where the public is invited to visit a host of art galleries that are open afterhours this weekend.
South Korean ambassador Kap-soo Rim will host a reception at the Bucharest National Theater on Friday, October 3, to mark the National Foundation Day and Armed Forces Day of the Republic of Korea. The reception is also in honor of the 35th anniversary of Korea-Romania bilateral relations. In the last three years, the two countries […]
Romania has reported an outbreak of bluetongue disease in cattle in the southwest of the country, according to an announcement from the World Organisation for Animal Health made on Wednesday, October 1. There are numerous variants of the virus. Serotype 3 of the disease was detected in 10 animals from four farms and households in […]
One United Properties, one of the largest real estate developers in Romania, has begun construction work on two schools located within the One Academy Club and One Lake District developments, which will accommodate over 1,000 children. These projects benefit from an investment of approximately EUR 19 million. The developer has also already identified land for […]
Genezio, a Romanian AI startup, announced the launch of a new Conversational AI Optimization platform, a tool designed to help companies understand and improve how generative AI systems perceive and describe their brands, during the technology conference How to Web. The new tool comes as traditional digital marketing campaigns and SEO techniques no longer suffice […]
