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Bucharest
March 6, 2021
BUSINESS

Bittnet Systems, the first Romanian IT company to debut on AeRO

Bittnet Systems, a local IT training provider, starting Wednesday is listed    on AeRO, an alternative trading system for SMEs and start-ups of the Bucharest Stock Exchange (BVB), BVB reports in a press release.

The company’s main business focuses on IT trainings and delivering end-to-end IT infrastructure services and solutions from market leaders like Cisco, Microsoft, Dell, VMware, HP etc.

Bucharest Stock Exchange (BVB) will be streaming live the event dedicated to Bittnet Systems debut on AeRO.

Polish company INC is the Authorized Advisor that assisted Bittnet Systems in the process of coming to AeRO and will continue to assist it for the subsequent 12 months after listing.

Bittnet Systems was established in 2007 by Mihai and Cristian Logofatu. Since its inception, the company decided to focus on delivering IT trainings and end-to-end networking solutions and services based on technologies from market leaders like Cisco.

A company can become public if it has a predictable minimum value of EUR 250,000, the number of shares to be sold is at least 10% or the company has at least 30 shareholders.

The AeRO market is the equity segment of the BVB’s alternative trading system. It is a market segment designed for listing of early stage companies, start-ups and SMEs, to finance their projects, growth stories, increase their visibility and contribute to the development of the business environment.

Based on the BVB alternative trading system existing since 2010, the AeRO market, under its redesigned and reconstructed concept, was launched on February 25, 2015.

 

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