Fintel Energija a.d started on the Belgrade Stock Exchange the implementation of the first initial public offering of shares (IPO).
This is the first such financial operation on the Belgrade Stock Exchange after 78 years, and the company will offer 6,500,000 ordinary shares for sale at a price of RSD 500.00 per share. Executive Director of Fintel Energy, Tiziano Giovannetti, emphasized that the acquisition of shares of this company has the potential to involve professional investors, families and private investors. “We offer actions and the ability to invest in our company. The individual action will cost 500 dinars and our model is to include as many people as possible. We will not sell the share, but we will collect capital from potential investors, in order to further invest in Serbia. We expect the value of the raised capital to amount to 27 million euros, which we will invest in our projects in Serbia”, Giovannetti said, adding that Fintel Energija has invested 150 million euros in wind farms in Serbia so far.