PURCARI (BVB:WINE), the first international listed company on Bucharest Stock Exchange that joins ARIR

05/11/2019 / Comments Off on PURCARI (BVB:WINE), the first international listed company on Bucharest Stock Exchange that joins ARIR

News

The Romanian Investor Relations Association (ARIR) is delighted to announce that Purcari Wineries Group (Purcari, BVB:WINE), one of the leading players in the wine and brandy segments in the Central and Eastern Europe (CEE) region, becomes Associate Member of ARIR. Purcari is listed at the Bucharest Stock Exchange since February 2018, successfully concluding the first Initial Public Offering (IPO) of a company originated in the Republic of Moldova.

Eugen Comendant, COO Purcari Wineries:
”Purcari’s mission is to bring joy in people’s lives by offering them high quality, inspiring, ethical wines and excellent value for money. We are committed to creating value and delivering superior long term returns for all the shareholders of the company. The association with ARIR shows the importance we give to investor relations and development of the listed companies’ community. We are glad to share with the other members the best practices in Corporate Governance and to write together the history of Investor Relations in Romania.”

Daniela Șerban, ARIR President & Co-Founder:
”The association with Purcari confirms ARIR’s commitment and determination towards implementing best practices in the communication with investors for state-owned companies and for the private ones, both locally and internationally. We will get new inspiration by the dynamism and enthusiasm of the landmark company from the Republic of Moldova and regional leader, encouraging us, as well, to be more active in the neighboring country.”

Purcari Wineries Group owns a portfolio of wine brands, across all price segments in the still and sparkling wine categories and a in the premium brandy segment, managing around 1,400 hectars of vineyards and 4 wineries located in Romania and the Republic of Moldova: Purcari, Crama Ceptura, Bostavan and Bardar. Founded in 1827 by the French settlers, Purcari Group is currently the largest wine exporter from Republic of Moldova, delivering in over 30 countries in Europe (Poland, Czech Republic, Slovakia, Ukraine, Norway, United Kingdom, etc.), Asia (China, Japan, South Korea) and America (USA and Canada).

Purcari joins an elite group of companies, members of the Association, such as Bucharest Stock Exchange, ALRO, Antibiotice, Electrica, Electromagnetica, Franklin Templeton, Hidroelectrica, Nuclearelectrica, OMV Petrom, TeraPlast and Transelectrica.

ARIR was set-up in November 2018 and has as members listed companies, companies with potential to become listed companies, fund managers, IR professionals as well as consultants. In ARIR are invited to join: as Associate Members – listed companies, pre-IPO or bond issuers, as Affiliate Members – other organizations than listed companies, pre-IPO or bond issuers, and as Professional Members – individuals with experience in investor relations. ARIR members have access to exclusive content and trainings tailored to their needs and IR objectives, and participate at projects aimed to develop the capital market.