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.
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
The Holy Light will be brought from Jerusalem to Bucharest on the evening of Saturday, May 4, and then distributed to other areas of the country, according to a press release published by Basilica.ro. Moreover, a delegate of the Metropolis of Moldavia and Bucovina will take the Holy Light from Bucharest to Chisinau, in the […]
After six months of renovation work, the bookstore Șt. O. Iosif, the “heart” of Libris, reopened its doors in Brașov on April 26. The investment in the space redevelopment project, which also includes the rehabilitation of the building - a historical monument in which the bookstore has been operating since its foundation, amounts to EUR […]
Romanian athletes shined at the 2024 European Rowing Championships in Szeged, Hungary, gathering a total of eight medals: four gold, two silver, and two bronze. They thus managed to secure the second place in the competition’s medal count for Romania, the Olympic and Sports Committee announced. The gold medals were won...
Seventeen birds from species protected by law were found by police at the residence of a man in Domneşti, Ilfov county, in southern Romania, and were subsequently released into the wild. The police have opened a criminal case related to the matter. During checks, police officers from the Ilfov Animal Protection Office discovered that the […]
The Bucharest Tribunal ruled last Friday, April 26, that the trial of Andrew Tate and his brother Tristan could start. The two are accused of forming an organized criminal group, human trafficking, and rape. The preliminary chamber judge found the legality of the indictment and rejected several requests and exceptions formulated by the lawyers of […]
