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Shares of Purcari Wineries will start trading on the Main Market of Bucharest Stock Exchange from February 15th


Shares of Purcari Wineries, symbol WINE, a leading wine produce in Romania and Central and Eastern Europe, will start trading on the Main Market, International Category, on Bucharest Stock Exchange (BVB) from February 15, 2018.

The company has successfully sold a 49% stake at RON 19 per share, which brings the total value of the market operation to some EUR 40 million. Purcari Wineries is the first IPO to take place in 2018 on BVB.

The Purcari Wineries Group is one of the largest regional wine groups, encompassing four wineries, in Moldova and Romania: Purcari, Bostavan, Crama Ceptura and Bardar, operating over 1.000 hectares of vineyards. The Group is the leader of the premium segment in Romania, having also a distribution network covering over 30 countries around the globe. Founded in 1827, Purcari is the most awarded winery from the CEE region at Decanter London 2015-2016.