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.
Romanian president Nicușor Dan and acting prime minister Ilie Bolojan marked the start of the 2026-2027 school year on Monday, September 7, with messages for students, teachers, and parents. Dan focused on the need for critical thinking and equitable access to education, while Bolojan presented the results of a major investment program in the sector. […]
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The meeting will take place at the Cotroceni Palace starting at 3 pm, according to the Presidential Administration. The agenda includes the Romanian Army’s 2027-2036 Endowment Plan and the Romanian Army 2044 Programme, as well as an assessment of SAFE programme implementation. The assessment document was approved at an inter-institutional working meeting on August 13. […]
A fragment of an aerial drone carrying an explosive load was found on Friday, September 4, five nautical miles east of the entrance to the Sulina branch of the Danube, Romania’s Ministry of Defense (MApN) announced. It was safely neutralized by an Explosive Ordnance Disposal (EOD) team of the Romanian Naval Forces, MApN said. On […]
Mihai Bordeanu, Managing Director for South-Eastern Europe at Dacia and Country Head for Romania, said the company was waiting for the government to act after discussions with “various government representatives”. “I’m waiting for the next five months. At this point the ball is in the court of the Romanian Government, which must have a more […]
Besides representatives of the companies involved, among those attending the ceremony were the US ambassadors to the countries of South-Eastern Europe: H.E. Ms. Kimberly Guilfoyle – the US Ambassador to Greece, Ms. Nicole Varnes - Chargé d'Affaires a.i. at the U.S. Embassy in North Macedonia and Mr. Joshua Volz - Special Envoy for Energy Integration […]
