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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
 

IT solutions provider Arctic Stream targets EUR 2.5-4 mln with BVB IPO

Arctic Stream, a provider of services and equipment in the market of communications technologies, data centers and software solutions, is running a private placement of shares since Thursday, June 10, 2021.

The shares will be later listed at Bucharest Stock Exchange (BVB).

The company aims to raise from investors between RON 12.6 mln and RON 21 mln (EUR 2.5-4 mln), according to Ziarul Financiar daily.

The private placement document indicates the sale of 628,695 shares, with the possibility of extending the number up to 838,260 ordinary shares, each with a nominal value of RON 0.1.

The final offer price will be between RON 20 and RON 25 per share, which means that the value of the offer is between RON 12.6 mln and RON 15.7 mln, respectively RON 20.96 mln if the number is supplemented.

Dragoş Octavian Diaconu, founder and CEO of Arctic Stream, is the one who will sell part of his shares. It holds 3.6 mln shares, representing 86.1% of the company's share capital.

(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
 

IT solutions provider Arctic Stream targets EUR 2.5-4 mln with BVB IPO

Arctic Stream, a provider of services and equipment in the market of communications technologies, data centers and software solutions, is running a private placement of shares since Thursday, June 10, 2021.

The shares will be later listed at Bucharest Stock Exchange (BVB).

The company aims to raise from investors between RON 12.6 mln and RON 21 mln (EUR 2.5-4 mln), according to Ziarul Financiar daily.

The private placement document indicates the sale of 628,695 shares, with the possibility of extending the number up to 838,260 ordinary shares, each with a nominal value of RON 0.1.

The final offer price will be between RON 20 and RON 25 per share, which means that the value of the offer is between RON 12.6 mln and RON 15.7 mln, respectively RON 20.96 mln if the number is supplemented.

Dragoş Octavian Diaconu, founder and CEO of Arctic Stream, is the one who will sell part of his shares. It holds 3.6 mln shares, representing 86.1% of the company's share capital.

(Photo: Diana Oros/ Inquam Photos)

andrei@romania-insider.com

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