Fintel Energy – the first IPO on the Belgrade Stock Exchange since 1940



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Fintel Energy today announced the launch of the first IPO on the Belgrade Stock Exchange and that these securities will be able to buy professional and private investors as well as families.

"This is the first operation on the Belgrade Stock Exchange after 78 years, and will be offered for sale 6,500,000 ordinary shares at a price of 500 dinars per share," the company said.

Executive Director of Fintel Energy Ticiano Giovaneti said the shares and the opportunity were offered "We will not sell the share, we will raise capital from potential investors to invest more in Serbia, we expect that the value of the raised capital will be 27 million euros, that we will invest in our projects in Serbia ", said

He added that this company has now invested 150 million euros. euros in wind farms in Serbia.

"Our stock market exit is the first in Srb and everything is new to everyone – transparency in financial transactions, protection of small shareholders, transition from owner to owner and management. Shareholders testify to the change in the culture of access to companies and the design of a different management The investment company M & V Investments in Belgrade

Fintel energy operates in the Balkans since a decade and is the largest investor in Serbia in the field of wind farm construction, it is wholly owned by the Italian group Fintel Energija SpA

Up to now, it has put into operation the two first wind farms in Serbia and started building the third and largest wind farm.

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