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.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
