Electrica IPO can be a good opportunity for the retail investors as the minimum subscription price of RON 11/share is 13 percent lower than the target price for the upcoming twelve months, believe the experts of Tradeville brokerage. The IPO by which Electrica puts for sale a stock of 51 percent of its shares will commence on Monday, June 15 and will last until June 25. It will be the greatest IPO ever run by the Bucharest Stock Exchange even with its minimum price exceeding the offering by which the government sold 15 percent of Romgaz shares last year. In the meantime, the Financial Supervisory Authority approved during the June 11 meeting the IPO draft (shares and global deposit certificates) issued by Electrica.
Klaus Iohannis officially takes over the presidential prerogatives, Traian Basescu bids farewell from the Cotroceni Palace after 10 years
Klaus Iohannis takes the presidential oath, says will devote all his energy for the spiritual and material prosperity of the Romanian people
Parliament approves state budget for 2015, PNL to contest the budget law to the Constitutional Court
Victor Ponta on Basescu’s overview: It’s subjective, highlighted the positive parts and hid the negative ones
President Traian Basescu makes balance sheet of his ten-year term: many satisfactions and achieved things, but also regrets and failures
Teodorovici: Romania to receive approval from EC on 2014-2020 Operational Programme on Competitiveness until Tuesday
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