ICMA SA
BBVB:ICMA2.04
RON
-0.84
(-29.17%)
ISIN
ROICMAACNOR2
Return %
Stock
S&P 500
1Y
-29.17
14.20
3Y
-29.17
81.12
5Y
237.75
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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Bucharest Romania
- IPO Date
- Dec 24, 1996
- Website
- icmas.ro
- Similar Companies
- Business
- ICMA SA is a Romania-based company engaged in real estate asset management, commercial leasing, and industrial site redevelopment, with historical operations in industrial thermal equipment and metal structures manufacturing. The company operates primarily through the Real Estate Management and Industrial Services segments. Its core portfolio of products and services comprises the leasing and administration of commercial properties, industrial storage yards, and warehousing facilities; real estate asset monetization, parcel aggregation, and property disposition; legacy manufacturing, assembly, and maintenance of central heating boilers and cast iron radiators; production of steam generators, tubular heating boilers, and containerized thermal plants; manufacturing of industrial ventilation aggregates and air-handling units; and the custom fabrication of metallic storage tanks, pressurized vessels, and heat exchangers for industrial, civil, and energy infrastructure installations. The company primarily serves retail developers, commercial enterprises, logistics operators, and domestic industrial clients across Romania. ICMA SA operates as a subsidiary of Beta Industrie Invest SRL, which maintains a controlling equity interest of approximately 90 percent. Founded in 1948 and restructured as a joint-stock company in 1991, ICMA SA is headquartered in Bucharest, Romania, and its shares trade on the AeRO market of the Bucharest Stock Exchange under the ticker symbol ICMA. In recent operational developments, ICMA SA has accelerated the strategic transformation of its legacy 3.6-hectare industrial platform situated on Strada Industriilor in Bucharest from manufacturing use toward high-value commercial real estate monetization. In late 2026, the company convened an extraordinary general meeting of shareholders to authorize the multi-parcel sale of 11,437 square meters of land and associated road infrastructure to Romanian home improvement and retail group Dedeman SRL. In connection with this strategic transaction, ICMA SA resolved a contentious real estate dispute concerning an on-site power transformer station pursuant to a 2025 court judgment, agreeing to withdraw standing litigation and establish formal easement access rights for the retail developer. The transaction contracts are scheduled for formal closing and execution in the second quarter of 2027, marking a decisive reallocation of company resources toward asset liquidation and commercial property development.