Tusnad debuts on BVB AeRO market

Newsroom 07/09/2015 | 15:50

The Romanian tourism company Tusnad SA debuted on the AeRO market of the Bucharest Stock Exchange (BVB), on September 7 after the transfer from Rasdaq, announced BVB on Monday.


“We are satisfied for two reasons that we can welcome Tusnad debuting on one of our markets. The first reason is that the company has very intentionally chosen the AeRO market, which stands for the acceptance of the new rules and construct that we introduced around 6 months ago. Secondly, the company decided to adhere to BVB program promoting corporate governance and high standards in conducting investors’ relations. It allows us to say that we welcome a new quality issuer on the BVB,” said Ludwik Sobolewski, BVB CEO.

Tusnad SA will develop on its website a section dedicated to investors relation function, especially oriented to retail investors, according to AeRO’s principles of corporate governance.

Tusnad SA main assets are the hotels Tusnad, O3zone and the treatment establishment.

The Tusnad hotel has 216 beds, classified on two and three stars and is designed mainly for tourists coming through the National House for Public Pensions. The treatment establishment is designed to perform medical procedures using natural cure factors: carbonated baths, pool for physiotherapy and mofettes.

The O3zone hotel is a new investment of 234 beds and is designed for a tourism segment oriented towards restoring health through lifestyle changing. The hotel has three conference rooms, spa with pool, jacuzzi, sauna, emotional showers and a centre for Ana Aslan therapy.

The brokerage house SSIF Broker is the authorized advisor that assisted Tusnad in the transfer process to AeRO and will continue to assist it for the subsequent 12 months.

Tusnad SA is a Romanian tourism company, its major shareholder being SIF Transilvania.

BVB runs markets for shares, bonds and other instruments, through regulated platforms and alternative systems, and provides a wide range of services to participants of financial markets. It is a public company, listed on its own market since 2010.


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