The initial public offering of Grup EM, an energy sector business that includes Electromontaj and Iproeb, ended on Thursday, October 16, at 12 p.m., after two weeks, having raised about EUR4.8 million investors or 38% of the total, the TradeVille platform shows. TradeVille is the broker of the IPO.
Fuel wholesaler JT Grup Oil, listed at the Bucharest Stock Exchange, ended 2024 with a turnover of RON229 million, up 2.4% year-over-year, backed by an increase in sales volumes and the consolidation of the market share.
Fuel wholesaler JT Grup Oil ended the first nine months of 2024 with RON5.9 million net profit, 69% above the year-earlier level.
The Financial Supervisory Authority (ASF) has approved the prospectus for the initial public offering of 10 million shares for the listing of JT Grup Oil, a fuel wholesaler based in Navodari, on the Multilateral Trading System of the Bucharest Stock Exchange, the AeRO market.