These companies have so far traded on the Rasdaq market which will be disbanded towards the end of October.
The respective companies are Moara Cibin Sibiu (MOIB), Iprochim București (IPHI), Constructii Montaj Criseni (CONJ), Electrecord Bucuresti (ELRD), Perla Covasnei Voluntari (PELA), Clujana
Cluj Napoca (CLUJ), Clabucet Estival 2002 Neptun (UCET), CI-CO Bucuresti (CICO), Someta Tasnad (SOTA) and Vinalcool Arges Pitesti (VIAG), BVB said in a statement.
Moara Cibin Sibiu, which has the largest capitalization (RON22.64 million), is owned by businessman Constantin Boromiz, through the group of companies Boromir. Boromir Ind owns 48.28% of Moara Cibin Sibiu shares, while Boromir Prod holds a 20.7% stake.
Currently, 241 companies, with a total market value of RON3.73 billion (EUR844.7 million), are listed on the AeRO platform.
A total 540 companies, with a market value of RON2.75 billion (EUR623 million), are still trading on the Rasdaq market.
The AeRO market is the equity segment of the Bucharest Stock Exchange’s alternative trading system. It is a market segment designed for listing of early stage companies, start-ups and SMEs.
The RASDAQ market will be disbanded in October. The companies failing to transfer to the regulated market or the alternative trading system will be delisted.