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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 

BVB
 

Paval Holding buys 5% in engineering company before its BVB listing

Paval Holding, the vehicle used by Dragos and Adrian Paval to operate DIY chain Dedeman and investments in other companies, paid EUR 0.9 mln for a 5% stake in Simtel Team, a firm that just completed a 15% private placement before listing its shares at the Bucharest Stock Exchange.

Paval Holding paid the same per-share price for the 5% stake as the investors in the private placement.

Simtel Team specializes in installing PV systems and delivered to Dedeman chain more of such installations to use on their roofs. Its shares will start trading at the alternative market segment at BVB, AeRO, within several weeks. 

(Photo: Yukniphotoshot/ Dreamstime)

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
 

Paval Holding buys 5% in engineering company before its BVB listing

Paval Holding, the vehicle used by Dragos and Adrian Paval to operate DIY chain Dedeman and investments in other companies, paid EUR 0.9 mln for a 5% stake in Simtel Team, a firm that just completed a 15% private placement before listing its shares at the Bucharest Stock Exchange.

Paval Holding paid the same per-share price for the 5% stake as the investors in the private placement.

Simtel Team specializes in installing PV systems and delivered to Dedeman chain more of such installations to use on their roofs. Its shares will start trading at the alternative market segment at BVB, AeRO, within several weeks. 

(Photo: Yukniphotoshot/ Dreamstime)

andrei@romania-insider.com

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