EBRD takes part in IPO with Romania's Electro-Alfa International
Romania, Feb. 12 -- The European Bank for Reconstruction and Development (EBRD) has participated in the initial public offering (IPO) of ElectroAlfa International SA (EAI), a leading Romanian provider of advanced electrical engineering solutions for critical infrastructure. The Bank subscribed €16.4 million in newly issued shares, representing a 5 per cent stake in the company. Alfa International SA (EAI), a leading Romanian provider of advanced electrical engineering solutions for critical infrastructure. The Bank subscribedEAI's IPO raised a total of €114.7 million and offered 35 per cent of the company's share capital to the market.This marks one of the most significant Romanian listings in recent years and is expected to sup...
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