The IPO will run until February 8 and share prices range from RON19 to RON28 during this period.
The company mandated Swiss Capital and Raiffeisen Bank to broker the sale of 49% of its shares.
The selling shareholders are the International Finance Corporation (IFC), a member of the World Bank Group, (from 6.4% to 3.27% after the sale), Horizon Capital (from 63% to 22.7%) and Victor Bostan (from 30% to 25%), the founder and general manager of Purcari.