“Cris-Tim Family Holding is among the few companies that have managed to attract an extremely broad spectrum of institutional investors from Romania, as well as a prestigious international investor, the EBRD. So far, we have gained the trust of consumers through our products, and now the same consumers, either directly or through institutional funds, are choosing to place their investments in the company,” said Radu Timis Jr.
The IPO proceeds will be used for the company’s investment program and will support its strategy to expand and modernize its production facilities, consolidate its position in the cold cuts and read-made meals segments and carry out selective acquisitions in order to strengthen its position in the market and diversify its product portfolio.
Cris-Tim, established in 1992, is the first food producer listed at the Bucharest Stock Exchange, thus expanding the opportunities of diversifying investments in the local capital market and opening the way for other Romanian entrepreneurial companies to do the same.
The shares of Cris-Tim Family Holding S.A. will start trading at the Bucharest Stock Exchange at the end of November 2025, following an IPO worth RON454.35 million which triggers an early capitalization of RON1.33 billion.
The EBRD has been active in Romania since 1991 and has so far invested over EUR12 billion in 576 projects, primarily in the private sector.
Cris-Tim reported revenues of RON1.12 billion, EBITDA of RON166.8 million and net profit of RON84.7 million (EUR17 million) in 2024. In the first half of 2025, its net profit advanced 29% year-over-year to RON 47.5 million due to an increase of over 12% in EBITDA.
For the 2025–2030 period, Cris-Tim has planned total investments of RON890 million. Part of the investment program is financed through the government grant scheme Investalim, managed by the Agency for Financing Rural Investments, and aims to expand and modernize existing factories.