SIF Banat-Crisana sees Vrancart on BSE

SIF (Financial Investment Company) Banat-Crisana plans to have three companies listed on the Stock Exchange next year. The three entities are Vrancart Adjud, Napomar Cluj-Napoca and a hotel company and will be delisted from RASDAQ soon, Catalin Dobrescu, head of SIF Banat-Crisana’s trading department told Ziarul Financiar. The listing will be done following the release of initial public offerings that will enable the companies to increase their share capital by at least 15%. SIF Banat-Crisana currently holds more than 90% in Vrancart and Napomar and has recently put out two mandatory tender offers in view of delisting the companies from RASDAQ, as required by the securities law. “We decided to have them listed again, this time on the Stock Exchange, because they are good companies that can attract investors. In addition, we want to increase the share of listed companies in our portfolio in response to the requests from our investors,” Dobrescu said. ZF