Practic SA
BBVB:PRBU895.00
RON
0.00
(0.00%)
ISIN
ROPRBUACNOR6
Return %
Stock
S&P 500
1Y
-24.15
14.20
3Y
-38.70
81.12
5Y
11.88
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
FRC
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Mihai Ene
- Full Time Employees
- 24
- Sector
- Finance
- Industry
- Real estate development
- Address
- Bucharest Romania
- IPO Date
- Mar 15, 1999
- Website
- practicsa.ro
- Similar Companies
- Business
- Practic SA is a Romanian real estate investment and management company that specializes in the acquisition, development, leasing, and administration of commercial and office properties. Founded in 1962 and headquartered in Bucharest, Romania, the company operates primarily across key commercial corridors and urban districts throughout the Bucharest metropolitan area. Practic SA manages an extensive real estate portfolio encompassing over 35,000 square meters of rentable area, serving a diversified client base that includes multinational retail chains, financial institutions, consumer service providers, and local commercial tenants. The company offers a systematic range of property solutions and asset management services, which include the leasing and rental of high-traffic street-front retail units, ground-floor commercial premises, and retail spaces for banking, pharmaceutical, and grocery operators; the leasing, operation, and administration of Class B office buildings and corporate workspace facilities; property asset management, facility maintenance, and tenant coordination services; the management of commercial concessions, featuring the long-term concession, development, and operation of the Piața Obor commercial and agri-food market complex; and commercial real estate renovation, tenant fit-out customization, and space repositioning. In recent developments, Practic SA has executed key strategic and corporate restructuring actions, notably receiving shareholder approval in 2026 to withdraw and delist its shares from trading on the AeRO multilateral trading system of the Bucharest Stock Exchange (BVB: PRBU). In parallel, the company has seen ownership consolidation among its principal shareholders, including Radu Dimofte and Wellkept Properties Limited, while continuing operational initiatives aimed at maximizing portfolio occupancy, extending long-term lease agreements with anchor commercial tenants, and enhancing the value of its street-level retail and office asset holdings across the capital.