Politics

Travel with Christian Tour: Next destination, Bucharest Stock Exchange

At a time when tourism has become one of the most dynamic consumer industries in the world, Christian Tour announces a first on the Romanian market: the company announces the launch of its initial public offering, the intention to list on the Bucharest Stock Exchange, under the symbol TRIP, and the opening of the business to investors. Between May 21-28, Romanians can invest in one of the most powerful and well-known tourism brands in the country and become part of the story of a business built in almost three decades of continuous development.

The move comes naturally after the company has grown steadily, from an entrepreneurial agency founded in 1997 to one of the biggest players in the organized tourism industry in Romania.

“Christian Tour enters a new stage of development with the launch of the initial public offering and the intention to list on the Bucharest Stock Exchange. Romania has a huge growth potential in tourism, and I invite the investors from BVB to join us in this new stage in the development of the company”, say Cristian Pandel, founder of Christian Tour.

The initial public offering marks an important change: a part of the company's shares will be available for purchase by investors. The raised capital will support the company's long-term development, with a focus on technology, digital platform expansion and operational consolidation.

For those who follow the capital market, but also for people who already know the brand from their holiday experiences, this is the first time they can become a direct part of the company's evolution.

The Christian Tour story thus grows beyond the industry in which it operates, being the first travel agency taking the step towards the capital market. The evolution comes after years in which the company went beyond the classic role of a tour operator and became a group that also built its own infrastructure in tourism. And entering the stock market is essentially a maturing step. For the company, it means access to capital for development and accelerating expansion plans. For the market, it means the appearance of the first large Romanian tour operator announcing its intention to list on the stock exchange.

The initial public offering will take place between May 21-28, 2026, and the price range is between 1,875 lei and 2,135 lei per share. After completion, the shares are expected to be listed on the Bucharest Stock Exchange under the symbol TRIP.

Retail investors will be able to subscribe at the fixed price of 2,135 lei per share and benefit from a 5% discount in the first three working days of the offer.

The offer includes both newly issued shares and existing shares put up for sale by the founding shareholder, the funds raised from the newly issued shares will be directed to the development of the company and the acceleration of investment plans.

In 2025, Christian Tour served hundreds of thousands of tourists and continued to strengthen its position among the top tour operators in Romania.

CHRISTIAN'76 TOUR SA (“Christian Tour”) launches the primary tender offer of up to 69,500,000 ordinary shares, together with the secondary tender offer by CPM CAMBRIDGE HOLDING SRL of up to 14,000,000 ordinary shares in Christian Tour.

READ THE PROSPECTUS BEFORE SUBSCRIBING TO FULLY UNDERSTAND THE RISKS AND POTENTIAL BENEFITS OF DECISION TO INVEST IN THE FINANCIAL INSTRUMENTS OFFERED.

This release is not a prospectus. The approval of the prospectus by the Financial Supervisory Authority (“ASF”) should not be understood as an approval of the quality of the financial instruments offered or to be admitted to trading on a regulated market. The public offering prospectus approved by the ASF was published and is accessible in electronic format on the Christian Tour website at https://investors.christiantour.ro/, of the Bucharest Stock Exchange www.bvb.ro, and on the website of the Intermediary, BT Capital Partners SA, at https://btcapitalpartners.ro/.

Article sponsored by Christian Tour

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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