Cris-Tim started the initial public offering on the Bucharest Stock Exchange, with retail investors purchasing 15% of the shares in the first two hours.

Cris-Tim has launched its initial public offering on the Bucharest Stock Exchange, starting at 9:00 AM, and in the first two hours, retail investors purchased approximately 15% of the available shares. The offering will take place until October 29, and the shares are available at a maximum price of 17.5 lei, with a 5% discount for the first four days of subscription.

The company aims to use the raised funds for the development of its plans, including investments of 890 million lei between 2025-2030 and strategic acquisitions. The estimated free float after listing will be a maximum of 35%. Cris-Tim, founded in 1992, is a leader in the meat products and ready-meals market, with a consistent growth in revenues and profitability. The company intends to distribute at least 50% of its net profit in the form of dividends and to continue its expansion in international markets.