Antibiotice Iasi and Premier Energy included in the main index of the Bucharest Stock Exchange

As of today, 23 September, the BET index, the main index of the Bucharest Stock Exchange (BVB), will have two new companies: Antibiotice Iasi and Premier Energy.

With a rich history and experience in the production of drugs, for over seven decades, Antibiotice is the main Romanian producer of generic drugs and is a company present on the capital market for over 27 years. On the other hand, Premier Energy, an electricity producer, balancer, distributor and supplier and natural gas supplier and distributor, has been listed on BVB this May, following the largest IPO made by a Romanian entrepreneurial company in the past 5 years.

“The presence of Antibiotice in the BET index is an important moment for our company and we are proud to be part of the first 20 companies considered the most performing in the Romanian capital market. The significant improvement in revenues, a record profit registered in 2023, the consolidated business partnerships in more than 70 countries around the world, along with the robust investments financed both from our own sources and from non-refundable funds are important milestones that show us that our business plan «The Future Together» have placed us on an upward trajectory of sustainable development. In the last year, the value of the Antibiotice share increased multiplying almost 3 times, being one of the most performant shares on BVB. The accelerated development on the stock market comes on the back of investment plans in the perspective of 2030 and financial data recorded in 2023. We aim to continue to maintain the attention and confidence of investors through responsible business practices, transparency, ethics and integrity that lead to a significant and sustainable growth of the Antibiotice business, with a positive and lasting impact on all our stakeholders.”, said Ioan Nani, CEO Antibiotice.

“We are honored by Premier Energy Group’s inclusion in the BET index of the Bucharest Stock Exchange. Our decision to list on the Bucharest Stock Exchange was a strategic choice, propelled by the strong, positive long-term growth prospects of the energy sector and the Romanian economy. The BET index inclusion, delivered in line with the commitment we made to our investors during the IPO, reflects both the solid performance of our stock to date and the future potential we aim to unlock. It also recognizes the efforts of our management and the results we have delivered.  As the first private-sector energy company to join the index, this is an important milestone, and we see it as part of our broader goal to further enhance the visibility and transparency of the Romanian capital market. With our strong, diversified, and vertically integrated business model, we believe we bring valuable representation to the index. Looking ahead, capital markets remain a key element of our growth strategy, and we thank all the shareholders who have so far trusted in our vision,” said Jose Garza, CEO of Premier Energy Group.