“If we enter the Bourse, the private placement is one of the options. We are known on the market as a long-term player and we plan to grow the company for another 20 years. We believe that for the first step we need EUR25 million,” said Daniel Muntean, co-founder of Rodbun.
He also mentioned the company’s value stands at EUR100-150 million. In early March, the group announced it had a total investment budget of RON50 million (around EUR10 million) in 2022.
“We haven’t made a final decision on Bourse listing, we are analyzing our future development steps. We believe we are surrounded by development opportunities and we believe we are in a fragmented market where the consolidation potential is huge. The Bourse is a possibility for us to fund our development plans,” said Munteanu.
He said listing depends a lot on the current general context, but a decision would be made in the following months or a year.
(English version by Catalina Apostoiu)