Bittnet Systems intends to launch two or three bond issues in 2024, with similar characteristics to the one listed on the Bucharest Stock Exchange (BVB) on Friday, announced Mihai Logofatu, Bittnet's CEO.Bittnet Systems (stock symbol BNET), the first IT company listed on the Regulated Market of the Bucharest Stock Exchange (BVB), listed a new bond issue on the stock exchange on Friday, worth RON 10 million, according to a BVB press release.The new instruments issued by Bittnet will be traded on the Regulated Market of the BVB, under the symbol BNET28."Bittnet Systems was the first company in the IT sector listed on the Bucharest Stock Exchange in 2015, and in the last nine years it has become the issuer that has regularly accessed the financing instruments that the Romanian capital market makes available for development, increased visibility and expansion. From a capitalization of RON 8 million at the beginning of the transaction, Bittnet Systems has today an investor valuation of RON 174 million and its shares are included in the FTSE Global Micro Cap Index Series of the leading global index provider FTSE Russell," said Adrian Tanase, the general manager of the BVB.Bittnet Systems made the transfer to the BVB's Regulated Market in 2020, making it the first IT sector issuer present on the main segment of the stock exchange. Currently, Bittnet Systems' shares are included in the FTSE Global Micro Cap Index Series of the leading global index provider FTSE Russell.Bittnet Group (stock trading symbol: BNET) is one of the most dynamic technology groups in Romania, being the first Romanian IT group of companies listed on the main market of the Bucharest Stock Exchange (BVB), included in the BET-XT, BET-BK, BETPlus, BET-XT-TR, BET-XT-TRN indices, as well as the FTSE Russell Micro Cap Index and MSCI Frontier Markets Investable Market Index (IMI). Bittnet operates as an integrator of IT&C services and solutions and is a leader in the field of IT professional training in Romania. The group's structure is organized in four main pillars of activity: Education, Digital & Infrastructure, Cyber Security and Business Applications and Software.
The Ji.hlava International Documentary Film Festival, held in the Czech Republic, is bringing to Bucharest a selection of four films from last year’s edition as part of the Echoes of Ji.hlava project. Between March 6 and April 3, lovers of documentary film are invited to the Czech Center to discover the Ji.hlava selection and take […]
A campaign organized by Romanian activist and war correspondent Radu Hossu gained increased traction and raised around EUR 85,000 in over two days for Ukraine’s military needs. The fundraiser started after the Trump administration paused military aid to Romania's neighboring country. Citizens of Moldova and Romania contributed the majority of the funds, according to Defense...
A new survey from Romanian employment platform BestJobs found notable differences among men and women employees, specifically the priority placed on salary and promotion opportunities for the first, and on job stability for the latter. According to the survey, women, who make up 48% of employees in Romania, say salary is an essential criterion in […]
The Republic of Moldova was among the countries where the United States “wasted” aid funds, according to president Donald Trump, who spoke before the Republican-dominated Congress. Trump claimed that government funds had been spent on useless programs in Moldova and Serbia, among other countries. These received assistance from the US through USAID, the agency that […]
US-headquartered Expro, a leading provider of energy services, announced that it had been awarded major contracts, either as a direct contractor or subcontractor to OMV Petrom, totaling more than USD 10 million for the Neptun Deep gas project in Romania’s Black Sea. The contracts involve Expro’s subsea landing string (SSLS), SeaCure cementing technology,...
The ROLANG Summer School provides immersive courses designed to accelerate fluency in Romanian for learners of all levels. The 12th edition of ROLANG Summer School on the Romanian language will be held from July 21st to August 1st, 2025, in Sibiu, in partnership with the German Cultural Center in Sibiu. Students will delve into the […]
