English
The IPO launched by Casa de Bucovina has been 142.15% oversubscribed, according to SSIF Rombell Securities. SIF 4 Muntenia subscribed 11,000,050 shares for 2.2 million RON, whereas SIF 3 Transilvania secured shares worth 1.83 million RON. Casa de Bucovina offered 45.5 million shares for a value of 0.2 RON/share, totaling 9.1 million RON. The face value is 0.1 RON. The shares will be traded as BCM.
Nine months through 2007, the company reported a net profit of 511,640 RON, up by 61.11% y/y, whereas the turnover reached 4.01 million RON, up by 3.52%. The company manages the hotel Best Western Bucovina - Club de Munte in Gura Humorului and is planning to build a hotel and restaurant in Arinis in the next two years.
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