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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 

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Romanian IT solutions provider raises EUR 2 mln, will list its shares at BVB

The local company Connections Consult, specialized in providing software solutions and IT services, concluded on July 9 a primary offer of private equity placement brokered by TradeVille and will list its shares at Bucharest Stock Exchange.

Investors placed orders for some RON 120 mln of shares, 12 times the money eventually raised by the company (RON 10 mln/ EUR 2 mln) - corresponding to a 12.2% stake.

Following the offer's conclusion, the anticipated capitalization of Connections Consult is RON 74.5 mln (EUR 15 mln).

The company will initiate the necessary steps to list its shares on the multilateral trading system operated by the Bucharest Stock Exchange, on the AeRO market, with the symbol CC.

"We are beginning to see the outline of a new reality, one in which the Romanian capital market is financing the economic growth both in future fields such as IT&C and in traditional ones such as agriculture that reinvents itself and seeks to reach new levels of performance," says Ovidiu-George Dumitrescu, CFA, Deputy General Manager, TradeVille, quoted by Ziarul Financiar.

(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

 

Romanian IT solutions provider raises EUR 2 mln, will list its shares at BVB

The local company Connections Consult, specialized in providing software solutions and IT services, concluded on July 9 a primary offer of private equity placement brokered by TradeVille and will list its shares at Bucharest Stock Exchange.

Investors placed orders for some RON 120 mln of shares, 12 times the money eventually raised by the company (RON 10 mln/ EUR 2 mln) - corresponding to a 12.2% stake.

Following the offer's conclusion, the anticipated capitalization of Connections Consult is RON 74.5 mln (EUR 15 mln).

The company will initiate the necessary steps to list its shares on the multilateral trading system operated by the Bucharest Stock Exchange, on the AeRO market, with the symbol CC.

"We are beginning to see the outline of a new reality, one in which the Romanian capital market is financing the economic growth both in future fields such as IT&C and in traditional ones such as agriculture that reinvents itself and seeks to reach new levels of performance," says Ovidiu-George Dumitrescu, CFA, Deputy General Manager, TradeVille, quoted by Ziarul Financiar.

(Photo: Diana Oros/ Inquam Photos)

andrei@romania-insider.com

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