NEWS & INSIGHTS
It’s Official — Romco have listed on the Vienna Stock Exchange (MTF)
Romco have announced their ‘phase two’ of CapEx planning with an official listing on the Vienna Stock Exchange (MTF) for debt instruments aligned with their strategic growth execution as of March 16, 2020.
This is an exciting time for The Romco Group. Finishing off their first bond release this month, UK’s only recycled metals bond, and over-subscribing at 150%. This shows the excitement and validity for a sustainable player working in emerging markets, pushing to increase recycled metals capacity globally in a bid to reduce landfill and reliance on mining.
Romco have stated that on the ground in places like West Africa, with local knowledge and access, there is strong potential for renewables and sustainable growth if a highly structured platform is put in place. Romco have been determined to execute long-term planning in line with recent investment, and are now set for expansion into Ghana, product diversification, and new trade infrastructure, all which will help protect profits in a shifting global market.
All listing information can be found at: https://www.wienerborse.at/en/market-data/bonds/quote/?ISIN=GB00BJJRKL53&ID_NOTATION=294025436