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.
The first edition of the event "Energy for Romania ”, organized by the Electrica Group and the Electrica Foundation, took place at Hala Filaret, the site of the first power plant in Bucharest. It brought together over 150 participants, including representatives from the public authorities, leaders from the energy sector, the capital market, academia, and […]
Andrei Găluț, the lead singer of the band Goodbye to Gravity, which was on stage when the fire broke out in the Colectiv club on October 2015, launched a new project honoring the victims of the tragedies that have marked Romania over the past decade. The Memento Project, created as a charitable project together with […]
71% of people worldwide support Deposit Return Schemes (DRS), with trust at record highs, paving the way for circular systems that keep infinitely recyclable materials like drink cans in the loop. ● Romania is among the fastest DRS adopters, with 9 in 10 people participating and 77% supporting the system. ● 71% of Romanians feel […]
Romania’s construction sector accounted for almost 8% of GDP over the past four quarters, the highest share across the entire European Union, according to Eurostat data analysed by investment company Colliers. This level is well above the EU-27 average of 5%. Moreover, Romania recorded the second-fastest post-pandemic growth in construction activity within the European Union, according […]
Romanian women who went abroad to work found it disproportionately harder to find work in their country compared to the men, according to data from a European study conducted by Save the Children Romania. Parents in the study sample have been abroad for an average of six years, both mothers and fathers, and 67% of […]
Bucharest’s ARCUB Cultural Center will open The Art of the Game (TAG) on November 8 - a large-scale cultural event dedicated to video games and related arts. Curated by Elvira Lupșa, the four-month exhibition and event series will run until March 1, 2026, at ARCUB - Hanul Gabroveni, featuring workshops, talks and multimedia performances. The […]
