The company conducted a private placement from January 22 to 27 and raised  RON3 million from investors. The funding round closed early on the third day, after subscriptions exceeded 110%.

Brokerage firm Goldring acted as intermediary for the transaction, and the project was developed with support from the National Recovery and Resilience Plan.

“On July 16, GRF+ will enter a new phase of development with its debut on the Bucharest Stock Exchange (…),” said Bogdan Tomoiaga, chairman of the GRF+ board of directors.

(English version by Loredana Fratila-Cristescu)