The Ministry of European Investment and Projects (MIPE) will be offering non-refundable financing of up to EUR 300.000 for new listed companies on the Bucharest Stock Exchange (BVB).

According to a BVB press release, Romanian companies that intend to float their stocks on the stock exchange, on the Regulated Market or AeRO, have the possibility to access, from June 7, 2024, non-reimbursable funds that cover the costs related to the conduct of a public offering or a private placement and subsequently, the admission to trading.

The total value of the financial support amounts to EUR38.2 million, and a company qualifies for a maximum of EUR 300,000 euros to cover the costs of the listing process on the Regulated Market, and 70,000 euros for the AeRO market.

BVB Chairman Radu Hanga says the stock exchange is an important part of the national economy and, together with the banking sector, the most important source of funding for local companies.

BVB General Manager Adrian Tanase says that since the beginning of the year, there have been three company listings on the Bucharest Stock Exchange that raised over EUR 140 million from market investors in public offerings and private placements.

The call for projects „Listing of companies on the stock exchange” is designed for mainly private owned Romanian companies and is non-competitive, with continuous submission, until May 31, 2025. Applications for funding are evaluated on a first-come, first-served basis. AGERPRES