{"id":7986,"date":"2025-12-04T08:00:36","date_gmt":"2025-12-04T08:00:36","guid":{"rendered":"https:\/\/ofero.news\/?p=7986"},"modified":"2025-12-04T08:00:36","modified_gmt":"2025-12-04T08:00:36","slug":"listing-of-bucharest-airports-company-at-the-stock-exchange-hindered-by-states-opposition","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=7986","title":{"rendered":"Listing of Bucharest Airports Company at the Stock Exchange hindered by state&#8217;s opposition"},"content":{"rendered":"<p>Romania&#8217;s Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders&#8217; agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds a minority stake in the company and has long advocated for a public offering, <a href=\"https:\/\/www.bursa.ro\/impas-in-procesul-listarii-societatii-aeroporturi-bucuresti-la-bvb-81218754?mc_cid=404fd6044e&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Bursa.ro<\/a> reported.\u00a0<\/p>\n<p>The selected auditor would also have been responsible for preparing the company for listing.<\/p>\n<p>Aeroporturi Bucure\u015fti, which operates Henri Coand\u0103 and Aurel Vlaicu airports, is valued at RON 5.3 billion (over EUR 1 billion) based on Fondul Proprietatea&#8217;s most recent reports, according to calculations published by Bursa.ro.\u00a0<\/p>\n<p>For the first nine months of 2025, Bucharest Airports reported operating revenues of almost RON 1.23 billion, an increase of 20.3% y\/y, supported by rising passenger traffic and higher commercial income.\u00a0<\/p>\n<p>The net profit reached RON 609.4 million, up 31.7% compared to the same period of 2024. Last year, the company posted a net profit of RON 608.8 million.\u00a0<\/p>\n<p>Fondul Proprietatea&#8217;s stake in Aeroporturi Bucure\u015fti accounted for 52.6% of its net asset value at the end of November, making it the fund&#8217;s most significant holding. The fund has repeatedly warned that prolonged delays in the listing process limit value creation and reduce the company&#8217;s access to capital needed for infrastructure development, particularly in the context of growing passenger numbers at Henri Coand\u0103 Airport.<\/p>\n<p>The Ministry of Transport, which owns an eighty percent stake in the company, has not publicly explained its decision to reject the auditor selection item.\u00a0<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: BVB)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Romania&#8217;s Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders&#8217; agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7986","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/7986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7986"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/7986\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}