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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
 

Romanian developer One United Properties announces new project on first IPO day

On the first day of its 10% IPO carried at Bucharest Stock Exchange (BVB), Romanian developer One United properties announced that it purchased a EUR 15 mln plot of land near Tei lake in northeastern Bucharest to develop a new residential project. The seller was the local businessman, former tennis player Ion Tiriac.

The building permits were already issued for a design named One Lake Club, the company announced to investors.

The first 26 mln of the 130 mln shares put up for sale under the IPO, namely the first tranche allocated to small investors on a first-come, first-served basis, was subscribed within 40 seconds.

Overall, One United Properties aims to raise up to RON 274 mln (EUR 55 mln) with the 10% IPO.

andrei@romania-insider.com

(Photo source: Shutterstock)

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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 developer One United Properties announces new project on first IPO day

On the first day of its 10% IPO carried at Bucharest Stock Exchange (BVB), Romanian developer One United properties announced that it purchased a EUR 15 mln plot of land near Tei lake in northeastern Bucharest to develop a new residential project. The seller was the local businessman, former tennis player Ion Tiriac.

The building permits were already issued for a design named One Lake Club, the company announced to investors.

The first 26 mln of the 130 mln shares put up for sale under the IPO, namely the first tranche allocated to small investors on a first-come, first-served basis, was subscribed within 40 seconds.

Overall, One United Properties aims to raise up to RON 274 mln (EUR 55 mln) with the 10% IPO.

andrei@romania-insider.com

(Photo source: Shutterstock)

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