Romanian industrial holding ROCA Industry debuts on Bucharest Stock Exchange's Regulated Market two years after AeRO listing
March 11 is the first day of trading of ROCA Industry shares on the Regulated Market of the Bucharest Stock Exchange, under the stock symbol ROC1 - The value of the company increased by 23% in the two years of its presence on the capital…
- March 11 is the first day of trading of ROCA Industry shares on the Regulated Market of the Bucharest Stock Exchange, under the stock symbol ROC1
- The value of the company increased by 23% in the two years of its presence on the capital market, and at the time of the transfer it had a capitalization of 234.7 million lei
- In the last year, ROC1 stock was in the top 10 liquidity in the AeRO market and in the top 5 in the BET-AeRO index by percentage
- ROCA Industry is the fifth company to move from the AeRO market to the Regulated Market
ROCA Industry, Romania's first building materials holding company, debuted today, March 11, on the Regulated Market of the Bucharest Stock Exchange under the stock symbol ROC1, following the transfer from the AeRO market. ROCA Industry has been present on the capital market since January 2022 and at the time of the transfer had a capitalization of RON 234.7 million (EUR 47.3 mln). The company's value has increased by 23% since its initial listing on the AeRO market in January 2022.
"I have full confidence that with ROCA Industry's access to the main market, our stock exchange will be more valuable and attractive. And when I say that, I'm not just referring to our RON 250 million capitalization, but to everything this holding brings with it: the vision and ambition to strengthen and excel in a fragmented market, demonstrating that we are a sustainable growth engine; an innovative business model that harmonizes private equity with the capital market; and our mission to perpetuate and transform entrepreneurial businesses into true regional champions", said Rudi Vizental, CEO of ROCA Investments.
"This is a historical step for ROCA Industry, for our entire team and we believe for the entire Romanian industrial sector. The debut on the Regulated Market of the BVB marks a major milestone in our strategy of consolidating our leading position in the building materials industry in Romania and developing strong regional champions, competitive on the European markets. Last but not least, this is a new promise kept by our holding company and we are determined to take advantage of new capital market opportunities to accelerate growth and bring value to our shareholders, investors and partners who stand by our side", stated Ioan-Adrian Bindea
