The bank had entered the company’s shareholding structure in 2017, when it participated in its initial public offering (IPO) on the Bucharest Stock Exchange, paying RON130 million for 3.25% in the company.
At that time, capitalization stood at RON4 billion. Today, it is closet to RON20 billion.
The shares sold on 03 September 2026 represent 3.31 per cent of the class B shares and 1.21 per cent of the company’s total share capital.
At market price, the stake is worth around RON224 million, over 70% more than the RON130 million the bank paid in 2017 for a stake almost triple in terms of weight.
EBRD’s exit comes several weeks after the listing of the Spanish subsidiary in Madrid, at EUR5.6 per share.
In the first half, the group reported EUR1.2 billion revenues and EUR608 million for Q2, up 11%, but also a net loss of EUR31.4 million, against EUR1.6 million profit in Q2/2025 amid rising borrowing costs.
(English version by Catalina Apostoiu)