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Electro-Alfa debuts at Bucharest Exchange 18.6% above IPO valuation
The shares of electric engineering solutions producer and deployment group Electro-Alfa International (BVB: EAI) closed the first day of trading at RON 10.5 – 18.6% above the price set in the IPO carried out earlier this year in February.…
iulian ernst · Journalist
· Updated · 2 min read
The shares of electric engineering solutions producer and deployment group Electro-Alfa International (BVB: EAI) closed the first day of trading at RON 10.5 – 18.6% above the price set in the IPO carried out earlier this year in February. Just over 4 million shares, or 2.1% of the company’s total capitalisation, changed hands on the first day of trading.
The company’s capitalisation neared RON 2 billion (EUR 400 million).
