ROCA Industry becomes an Associate Member of ARIR (Romanian Association for Investor Relations). ROCA Industry is the first Romanian industrial holding specialized in the production of building materials, which in approximately three years since its establishment, has expanded its presence on the capital market by upgrading to the Main Market of the Bucharest Stock Exchange (BVB), according to The Diplomat.
Alexandra Țițan, Investor Relations Director at ROCA Industry, said: “Joining the ARIR community confirms ROCA Industry’s ongoing commitment to continuous improvement in the communication with investors. Following the transfer to the Main Market in Q1 2024, the company has continued implementing its strategy to enhance visibility in the capital market. Thus, in September, just six months after the transfer, ROCA Industry shares were included in the BET Plus index. We are grateful for the continuous support of our partners and the trust of our investors, which has been essential to our success in upgrading to the Main Market”.
Daniela Maior (Șerban), President and Co-founder ARIR, stated: “We warmly welcome ROCA Industry to our community, highlighting ARIR’s commitment to transparency and effective communication with investors. In over five years, ARIR has grown from 11 to 40 members, including top companies from the BET index. Projects such as the VEKTOR by ARIR indicator have set benchmarks in corporate communication, evaluating over 120 companies annually. We are delighted to see how listed companies contribute to the sustainable development of the capital market”.
ROCA Industry is the first Romanian industrial holding specialised in the production of building materials. Founded in 2018 by ROCA Investments, the holding aims to develop and scale strong and sustainable local brands. Through the synergies generated by its companies, ROCA Industry contributes to strengthening the national industry and reducing dependency on imports.
In recent years, ROCA Industry has made several strategic acquisitions, including the full takeover of Dial S.R.L. and TERRA IMPEX in the Republic of Moldova. These moves have reinforced the holding’s market position and expanded its product portfolio.
In 2024, ROCA Industry transitioned to the Main Market of the Bucharest Stock Exchange (BVB) under the symbol ROC1, marking a significant milestone in its development. During this period, the company reported a cumulative turnover of 517.3 million lei and an EBITDA of 59.5 million lei, highlighting significant growth compared to the previous year.
Under the leadership of the new CEO, Camelia Ene, ROCA Industry continues to pursue a strategy of regional and sustainable growth. Her experience in the energy sector and previous achievements in implementing major projects will contribute to consolidating the company’s market position.
Read more HERE
Read also:
OMV Petrom reports net profit of 1.4 billion RON, down 6 percent in first quarter of 2024
Investment fund ROCA takes over app-based food delivery platform