INSTITUTUL DE CERCETARI PENTRU ACOPERIRI AVANSATE ICAA SA BUCURESTI
BBVB:ICEV1.60
RON
-0.54
(-25.23%)
ISIN
ROICEVACNOR5
Return %
Stock
S&P 500
1Y
58.42
14.20
3Y
11.89
81.12
5Y
-58.97
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Bucharest Romania
- IPO Date
- Dec 3, 1996
- Similar Companies
- Business
- Institutul de Cercetari pentru Acoperiri Avansate ICAA SA Bucuresti is a Romania-based research, development, and specialty chemical manufacturing enterprise that specializes in the engineering, synthesis, and production of advanced coating materials, protective surface treatments, and specialized chemical solutions. Founded in 1952 as ICEPALV (Institutul de Cercetari pentru Protectii Anticorozive, Lacuri si Vopsele) and headquartered in Bucharest, Romania, the company operates across the scientific research and experimental development (CAEN 7219) and chemical manufacturing industries. The company offers a structured portfolio of products and technical services, which includes: smart nanotechnology-enabled architectural coatings, including antimicrobial interior paints marketed under the ARGENTA brand with formulations such as Argenta Public, Argenta Clinic, and Argenta Exclusive engineered for sterile healthcare and high-traffic public facilities; self-cleaning and weather-resistant exterior nano-plasters under the TITANIUM brand; high-performance anticorrosive coating systems formulated for industrial metals, structural steel, concrete, wood, glass, and ceramic substrates; standard and decorative paints, enamels, and textured plasters; specialized industrial primers and sealers; organic and synthetic thinners and chemical solvents; specialized adhesives and binding formulations; environmentally sustainable and low-VOC coating systems; contract research and development, custom chemical synthesis, and formulation optimization; laboratory testing, spectral analysis, and physical-chemical material characterization; and industrial facility management and real estate leasing services. The company serves commercial, civil construction, healthcare, infrastructure, and industrial client segments primarily within Romania and Southeastern Europe. In recent operational and corporate developments, the company continues its active listing on the Bucharest Stock Exchange AeRO multilateral trading facility under the ticker symbol ICEV, operating under a concentrated ownership structure dominated by majority shareholder CHEMP SADU S.R.L. holding approximately 83.97% of share capital alongside key individual shareholders. Over the recent period, ICAA SA has adapted its strategic posture by streamlining active laboratory research programs toward specialized high-value micro-production and bespoke industrial coatings batches, modernizing corporate governance procedures in compliance with capital market standards, and leveraging its physical real estate assets to generate steady non-operating rental income amidst evolving demand across the domestic chemical and construction sectors.