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NNDKP Advises Norofert Group on Listing on Bucharest Stock Exchange’s AeRO Market

NNDKP Advises Norofert Group on Listing on Bucharest Stock Exchange’s AeRO Market

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Nestor Nestor Diculescu Kingston Petersen is supporting the Norofert Group, a Romanian producer of organic agricultural products, on its listing in the AeRO market of the Bucharest Stock Exchange in Spring 2019.

Norofert hopes to raise EUR 1 million via the private placement. Following the placement, the company will initiate procedures to float Norofert’s shares on the AeRO market. Norofert will be the first company from the agricultural and agro-tech sector on the Bucharest Stock Exchange.

According to NNDKP, the expected free-float of Norofert will be between 30-40 percent, subject to the final valuation. The capital raised during the private placement will be directed into building a new factory in Romania's Constanta county, which will allow the company to improve its production capabilities and increase the storage capability. Other parts of the capital will be directed into growing the sales team and opening its own laboratory, allowing Norofert to grow its own strains of bacteria and microorganisms instead of importing them from outside Europe.

The NNDKP team consists of Partners Alina Radu, Corina Dumitru, and Lucian Barbu.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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