JT Grup Oil, a company active in the fuel distribution market and the developer of the newest private terminal for petroleum products in Romania in the port of Constanța, debuted onAugust 6, on the AeRO market of the Bucharest Stock Exchange (BVB), under the stock ticker JTG. The listing of the company takes place after an IPO, the third held on the AeRO market, after which the company managed to attract RON 19.9 million from investors. The anticipated market capitalization of the company is RON 186.1 million.
‘A new company is walking today on the local capital market stage, being the fourth listing since the beginning of this year. Bucharest Stock Exchange builds and creates one of the most suitable contexts for growth, development and transformation for Romanian entrepreneurs and for the companies that make the local economy work. We are glad that the JT Grup Oil team chose the AeRO market as the next stage in their business development. Being a listed company brings many opportunities, each new issuer having the chance to take advantage of them and provide an example of good practice, including through fair and transparent communication with investors’, said Radu Hanga, Bucharest Stock Exchange President.
