- March 11th is the first trading day of ROCA Industry shares on the Main Market of the Bucharest Stock Exchange, under the ticker symbol ROC1
- The value of the company increased by 23% in the two years of presence on the AeRO market, and at the time of transfer the company had a capitalization of RON 234,7 mn
- In the last year, ROC1 shares were in the top 10 liquidity on the AeRO market and were in the top 5 in the BETAeRO index as weight
- ROCA Industry is the fifth company to move from the AeRO market to the Main Market of Bucharest Stock Exchange
ROCA Industry, the first construction materials holding company in Romania, debuted today, March 11th, on the Main Market of the Bucharest Stock Exchange under the ticker symbol ROC1, following the transfer from the AeRO market. ROCA Industry has been present on the capital market since January 2022, and at the time of the transfer had a capitalization of RON 234.7 mn. The value of the company has increased by 23% since its initial listing on the AeRO market, in January 2022.
‘The transfer of ROCA Industry to the Main Market opens the 2024 listing season, as well as new growth opportunities for the ROCA team through access to a new category of investors. The evolution of the company in the last two years was a test of the capital market that ROCA Industry passed. The presence so far on the capital market amounts over RON 52.7 mn in transactions with ROC1 shares, the company being in the last year in the top 10 liquidity on the AeRO market. We encourage the ROCA Industry team, as well as other issuers, to use for their benefit and for investors' benefit the financing mechanisms that the stock exchange offers’, said Radu Hanga, President of the Bucharest Stock Exchange.
‘I have full confidence that with ROCA Industry's access to the main market, our stock exchange will be more valuable and attractive. And when I say that, I'm not just referring to our 250 million lei capitalization, but to everything this holding brings with it: the vision and ambition to strengthen and excel in a fragmented market, demonstrating that we are a sustainable growth engine; an innovative business model that harmonizes private equity with the capital market; and our mission to perpetuate and transform entrepreneurial businesses into true regional champions’, said Rudi Vizental, CEO of ROCA Investments, the main shareholder of ROCA Industry.
In the last year, ROC1 share was in the top 10 liquidity on the AeRO market and was in the top 5 in the BETAeRO index as weight. In the two years of presence on the AeRO market, investors have made over 7,200 transactions with 5.48 mn ROC1 shares, totaling RON 52.7 mn.
‘This is a historical step for ROCA Industry, for our entire team and we believe for the entire Romanian industrial sector. The debut on the Regulated Market of the BVB marks a major milestone in our strategy of consolidating our leading position in the building materials industry in Romania and developing strong regional champions, competitive on the European markets. Last but not least, this is a new promise kept by our holding company and we are determined to take advantage of new capital market opportunities to accelerate growth and bring value to our shareholders, investors and partners who stand by our side’, stated Ioan-Adrian Bindea, CEO ROCA Industry.
‘The AeRO market demonstrates, through each transfer of an issuer to the Main Market, that it is the right place for growth and development for Romanian entrepreneurial companies. It is also the right space to get used to the capital market and its specific rules. The evolution of ROCA Industry in the two years of presence on the AeRO market, the good relationship with investors they have developed and the increase in the capitalization of the company are elements that take the story of ROCA to a new stage, this time on our main stage’, said Adrian Tanase, CEO Bucharest Stock Exchange.
The transfer of ROCA Industry shares on the Main Market was made with the support of BT Capital Partners.
‘We are glad to have had the opportunity to continue our collaboration with ROCA Investments, and two years after the listing of ROCA Industry on the AeRO market of the Bucharest Stock Exchange, the company has taken the step towards to the Main Market. At the same time, we are glad to see Romanian companies, such as ROCA Industry, who want not only to grow successful businesses, but also to build a foundation on which to develop the entire Romanian economy’, said Daniela Secara, CEO BT Capital Partners.
Roca Industry is the fifth company listed on the Bucharest Stock Exchange to move from the AeRO market to the Main Market, after AROBS Transilvania Software (AROBS) in September 2023, Safetech Innovations (SAFE) in February 2023, Chimcomplex Borze?ti (CRC) in January 2022 and Bittnet Systems (BNET) in June 2020.
ROCA Industry owns, directly and indirectly, a number of 9 significant players in the construction industry: BICO Industries (the first and largest national producer of fiberglass mesh and the only domestic producer of fiberglass reinforcement), EVOLOR (one of the largest players in the paint and varnish production industry), ECO EURO DOORS (the largest Romanian producer of doors for residential construction), WORKSHOP DOORS (the second largest Romanian producer of doors for residential buildings), DIAL (producer of metal wire products), ELECTROPLAST (one of the most important producers of electrical cables), as well as glass fibre producers Terra, Europlas and Iranga, through BICO Industries.
