Romanian cold cuts brand Cris-Tim officially announces IPO on Bucharest Stock Exchange

Cris-Tim, a well-known cold cuts producer in Romania currently operated by founders Radu and Cristina Timiș, announced its intention to launch an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). The offering, aimed at retail investors in Romania and institutional ones outside the United States, will consist of a package of existing shares, as well as a share capital increase consisting of new shares, the company said.

Cris-Tim Family Holding, founded in 1992, is one of the largest meat processors and ready meals producers in Romania, and has a national distribution network, with its own fleet and sales force.