EBRD becomes shareholder of Romanian cold cuts producer Cris-Tim following successful IPO

Romanian cold cuts and ready-made meals producer Cris-Tim Family Holding (BVB: CFH) announced the allocation of the shares put up for sale under the IPO at Bucharest Exchange, and the company's CEO Radu Timis Jr. announced that a broad range of institutional investors, including the European Bank for Reconstruction and Development (EBRD), became shareholders.

"Cris-Tim Family Holding is among the few companies that have managed to attract an extremely broad spectrum of institutional investors from Romania, as well as a prestigious international investor, the EBRD. So far, we have gained the trust of consumers through our products, and now the same consumers, either directly or through institutional funds, are choosing to place their investments in the company," said Radu Timis Jr.