Romanian recruitment platform BestJobs listed a 3.3 million euro ($3.9 million) bond issue on the multilateral trading system of the Bucharest Stock Exchange, the bourse said on Wednesday.<\/p>\n\n\n\n
The money raised from the capital market investors will support the company’s business by attracting team professionals, promoting, and developing the platform, technological solutions developed in-house, the bourse said in a press release.<\/p>\n\n\n\n
The funds will also be used for investments in other companies in the field of online services such as fintech and marketplace.<\/p>\n\n\n\n
The listing of the bonds follows their private placement carried out during May 6-17. The company issued 6,742 bonds of 500 euro each bearing interest of 5.8% per annum. The securities will reach maturity on May 20, 2026.<\/p>\n\n\n\n
With over 20 years of experience, detached in 2010 as a stand-alone company from Neogen Group, the BestJobs platform aims to reach 6 million CVs on its website by 2023, from 4.6 million now.<\/p>\n\n\n\n
In the first quarter of 2021, the company recorded a turnover of 6.68 million lei ($1.6 million\/1.4 million euro) and a net profit of 1.7 million lei. For the end of the current year, the company forecasts a turnover of 39.2 million lei and a net profit of 8.9 million lei.<\/p>\n\n\n\n
The majority shareholder of BestJobs is Neogen with 99.9988% of the shares. Neogen is owned by Calin Fusu, who is also BestJobs CEO, with 67%.<\/p>\n","protected":false},"excerpt":{"rendered":"
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