- Sector
- Finance
- Industry
- Real estate development
- Address
- Bucharest Romania
- IPO Date
- Dec 9, 1997
- Business
- SERICO S.A. is a Romania-based commercial real estate management and property leasing company that specializes in the acquisition, development, administration, and rental of commercial, industrial, and office properties. Originally established in 1973 as Centrala de Prelucrare a Lemnului and reorganized into its modern corporate structure in 1991, the company is headquartered in Bucharest, Romania, and is publicly traded on the AeRO market of the Bucharest Stock Exchange under the ticker symbol SERC.
The company operates primarily in the real estate operating and leasing industry, serving corporate enterprises, small and medium-sized businesses, commercial retailers, and logistical operators across the Bucharest metropolitan area and surrounding Romanian markets. SERICO S.A. provides an integrated portfolio of real estate assets and support services structured into: commercial office leasing, providing furnished and unfurnished administrative suites, corporate office space, and multi-tenant business centers such as the Pipera Administrative Pavilion and the Floreasca commercial properties; industrial and warehouse rentals, supplying covered storage facilities, distribution platforms, and secure open storage yards; comprehensive property and facility management, offering round-the-clock physical security, perimeter surveillance, technical maintenance, grounds keeping, and utility distribution management; and commercial trade intermediation, supporting specialized sub-leasing and property-related business services.
In recent strategic developments, SERICO S.A. has executed major statutory and operational updates to diversify its business activities beyond traditional commercial leasing. The company amended its articles of incorporation to formally integrate energy operations into its secondary business scope, authorizing activities in renewable and conventional electricity production, energy storage, power distribution, and electricity trading. In ownership structure changes, majority shareholder Multi Mobila S.R.L. consolidated its controlling interest to exceed the 75 percent voting and equity threshold. Operationally, SERICO S.A. has expanded its authorized commercial activities to encompass auxiliary trade, catering, and on-site corporate amenities while continuing the modernization and infrastructure optimization of its flagship Pipera real estate asset base.