Romania's Glissando lists on Bucharest bourse's AeRO market

The company's market debut follows a technical listing assisted by Romanian brokerage firm Goldring, the BVB said in a press release.

A technical listing allows a company to list on a stock exchange without issuing shares, therefore without changing its stakeholder structure. Instead, existing shares held by private shareholders are made available for trading on the stock exchange.

In 2023, Glissando Garden Center booked a profit of 923,490 lei ($201,100/185,585 euro) on sales of 22.3 million lei, as per the BVB's statement.

Part of the agricultural products-focused Glissando Group, Glissando Garden Center was established in 2011. It currently runs two home gardening stores in the western county of Timis.

(1 euro=4.9761 lei)