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Romanian tech retailer Contakt Express to debut on Bucharest Stock Exchange with IPO.
Romanian phone and tablet accessories retailer Contakt Express Logistik S.A. has received approval from the Financial Supervisory Authority to proceed with its IPO on the Bucharest Stock Exchange’s AeRO market, with shares expected to be offered between RON 4.3 and 5.2. The company, which reported RON 128.7 million in revenue and RON 14.2 million in net profit in 2024, plans to use IPO proceeds for international expansion, new services, and in-house production. Despite a 2.1% year-on-year retail trade decline in September 2025, retail sales excluding motor vehicles rose 1.6% year-on-year. Romania’s fiscal challenges persist, with state debts reaching RON76.7 billion in Q3 2025 and credit rating agencies issuing negative outlooks.