If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Saturday, June 24, 2017 
Market Status: CLOSE
About us and Governance Investor Relations Contact
Advanced search

Press releases


The first issuance of bonds from Vrancart debuts on BVB on April 18th

4/14/2017

The producer of cardboards and paperboards Vrancart has decided to use the capital market to attract new financing to develop its activity and has attracted RON 38.25 million from the Bucharest Stock Exchange following the first issuance of bonds, which will debut trading on April 18th.

Vrancart, which is 75 percent owned by SIF Banat-Crisana (SIF1), is one of the most important producers of corrugated cardboard, paperboards and tissue papers in Romania, with 40 years of activity in this field. Established in 1977 as "Combinatul de Celuloza si Hartie Vrancea", the company changed its name to Vrancart in 1992. Made of recyclable waste paper, the products of the company are biodegradable and do not have a negative impact on the environment, a result of the permanent concern towards protecting the nature and the environment.