Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. ROCA Industry benefits from the Issuer Market Maker...

ROCA Industry benefits from the Issuer Market Maker services provided by BRK Financial Group starting with March 12

April 16, 2024

  ROCA Industry (BVB:ROC1), a Romanian construction materials holding company listed on the Main Market of the Bucharest Stock Exchange (BVB), benefits as of March 12, from the Issuer Market Maker services provided by BRK Financial Group. ROCA Industry has been present on the capital market since January 2022, following the listing on BVB's AeRO market, and from March 11, 2024, it became a Main Market listed company. The company closed the first trading day on the Main Market with a market capitalization of RON 216.3 mn.   ‘Just one day after the debut on the Regulated Market of the stock exchange, ROCA Industry announces the signing of a partnership with BRK Financial Group for Issuer Market Maker services, which demonstrates the company's interest in increasing liquidity. We are glad that the ROCA Industry team chose to go in the direction of increasing the performance of their shares on the capital market and the degree of representativeness on the stock exchange. BRK Financial Group is still the most active intermediary on the stock exchange to stimulate liquidity and we thank them for their involvement in promoting this service among issuers’, said Adrian Tanase, CEO Bucharest Stock Exchange.   ‘The partnership with BRK Financial Group is a natural step for a company listed on the BVB’s Regulated Market, through which we intend to provide the tools to improve liquidity and reduce volatility, thus offering our shareholders a more stable environment for trading ROC1 shares. This not only facilitates trading for investors, but also strengthens our position on the capital market’, said Ioan-Adrian Bindea, General Manager ROCA Industry.   The ROC1 share is the 18th share of a BVB listed company for which BRK Financial Group offers Issuer Market Maker services. The total number of financial instruments listed on both BVB’s markets benefiting from the Issuer Market Maker services reaches 26.   ‘We conclude a new partnership within the Issuer Market Maker program with ROCA Industry, a newly promoted issuer on the main segment of the Bucharest Stock Exchange. Good liquidity contributes in the long run to reducing volatility and, implicitly, the associated risk. Our commitment within this partnership consists in listing a minimum volume of 2,800 shares, both buy and sell, at a spread of maximum 4%, and a market presence of at least 90% of the trading sessions’, said Paul Stiopei, Operations Director BRK Financial Group.   The IMM is the participant in BVB’s trading system that has taken on the role of sustaining the liquidity of a financial instrument.   About ROCA Industry ROCA Industry owns, directly and indirectly, a number of 9 significant players in the construction industry: BICO Industries (the first and largest national producer of fiberglass mesh and the only domestic producer of fiberglass reinforcement), EVOLOR (one of the largest players in the paint and varnish production industry), ECO EURO DOORS (the largest Romanian producer of doors for residential construction), WORKSHOP DOORS (the second largest Romanian producer of doors for residential buildings), DIAL (producer of metal wire products), ELECTROPLAST (one of the most important producers of electrical cables), as well as glass fibre producers Terra, Europlas and Iranga, through BICO Industries. About BRK Financial Group BRK Financial Group was established as a joint-stock company on October 26, 1994, and is one of the largest brokerage companies in Romania. With extensive experience in the capital market, it is also the first and, to date, the only financial investment services company listed on the Bucharest Stock Exchange's premium category (symbol: BRK). BRK Financial Group S.A. is a MiFID II investment firm, authorized and supervised by the Financial Supervisory Authority. The core activity of BRK Financial Group is structured into two business segments: the brokerage segment and the trading segment. In the trading segment, the company engages in proprietary trading, market-making operations, and transactions involving structured products. On the brokerage segment, the company handles client transactions, including corporate operations.  

Read in full - click here
Romanian Social Democrats elect new leadership, only one candidate running for party leader

Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]

Black Friday sales processed by PayU Romania top EUR 100 mln by early afternoon

The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]

Romanian smartphone retailer Contakt to launch IPO on Bucharest Exchange

Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]

Romania draws fewer foreign tourists than in the communist era, Travel Agencies Association warns

Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...

InterCapital launches two new ETFs on the Bucharest Stock Exchange

InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]

Romania, Bulgaria and Republic of Moldova approve Maspex’s takeover of Purcari Wineries

The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries.  The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]