Electrecord SA
BBVB:ELRD4.88
RON
+0.88
(+22.00%)
ISIN
ROELRDACNOR5
Return %
Stock
S&P 500
1Y
275.38
14.20
3Y
225.33
81.12
5Y
68.28
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Address
- Bucharest Romania
- IPO Date
- Dec 16, 1996
- Website
- electrecord.ro
- Similar Companies
- Business
- Electrecord SA is a Romania-based audio production and recording company engaged in music publishing, sound engineering, studio recording, and catalog management. Founded in 1932 and headquartered in Bucharest, Romania, the company operates primarily within the Romanian media and entertainment sector, catering to musical artists, orchestral ensembles, voice actors, educational publishers, and institutional clients. The company offers a diversified portfolio of audio products and production services, including studio recording and rental facilities capable of accommodating large orchestras and ensembles; mobile and on-location recording services; professional audio editing, mixing, and mastering; digital remastering and sound restoration of archival recordings; voice-over recording and production; spoken-word audio and audiobook production; audio content creation for educational programs; artist development and talent recording through the Electrecord Debut project; and intellectual property licensing for its extensive historical catalog spanning Romanian classical, folklore, jazz, and popular music. In major recent developments, Electrecord SA officially emerged from an eight-year judicial reorganization and insolvency procedure in January 2026 following debt settlement and approval by the Bucharest Tribunal. In connection with the restructuring, architect Vasile George Cristescu, owner of Deco Architects Studio, acquired control of the company through the acquisition of creditor receivables and debt-to-equity conversions, consolidating a majority ownership interest of approximately 96.37% following a share capital reduction in 2026. This change in control concluded the majority stake previously held by the Electrecord Employees' Association (PAS), which had controlled 77.67% of the equity prior to distributing its shares to individual members. Following its post-reorganization stabilization on the AeRO segment of the Bucharest Stock Exchange (BVB: ELRD), the company has executed a strategic transition away from mass physical media manufacturing toward modernized studio rental, professional audio post-production, digital archive exploitation, and specialized audio content publishing.