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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB
 

Producer of Romanian smartphones Allview enters listing at BVB

Visual Fan Brasov, which sells various gadgets such as tablets and mobile phones under its label Allview, will see its shares traded at the Bucharest Stock Exchange (BVB) under the ALW ticker on July 26, 2021, according to Tradeville brokerage house, quoted by Ziarul Financiar.

In April, the company concluded a private placement mediated by Tradeville and attracted RON 15 mln (EUR 3 mln) from investors at the price of RON 140 per share.

The placement was made by capital increase with cash contribution, and 111,100 shares were issued - a 10% stake ex-post.

The estimated capitalization based on the private placement would thus be EUR 20 mln. Visual Fan said it would use the funds to finance the current activity, accelerate sales and intensify marketing campaigns.

Representatives of the brokerage company add that Visual Fan's priority after the listing is the strong capitalization of the company through all stock exchange mechanisms, including increases in share capital with free shares granted annually.

The company reported EUR 82.75 mln turnover and EUR 4.88 mln net profit last year.

(Photo: Diana Oros/ Inquam Photos)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB
 

Producer of Romanian smartphones Allview enters listing at BVB

Visual Fan Brasov, which sells various gadgets such as tablets and mobile phones under its label Allview, will see its shares traded at the Bucharest Stock Exchange (BVB) under the ALW ticker on July 26, 2021, according to Tradeville brokerage house, quoted by Ziarul Financiar.

In April, the company concluded a private placement mediated by Tradeville and attracted RON 15 mln (EUR 3 mln) from investors at the price of RON 140 per share.

The placement was made by capital increase with cash contribution, and 111,100 shares were issued - a 10% stake ex-post.

The estimated capitalization based on the private placement would thus be EUR 20 mln. Visual Fan said it would use the funds to finance the current activity, accelerate sales and intensify marketing campaigns.

Representatives of the brokerage company add that Visual Fan's priority after the listing is the strong capitalization of the company through all stock exchange mechanisms, including increases in share capital with free shares granted annually.

The company reported EUR 82.75 mln turnover and EUR 4.88 mln net profit last year.

(Photo: Diana Oros/ Inquam Photos)

andrei@romania-insider.com

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