Filip & Company law firm has advised Christian ’76 Tour S.A. (“Christian Tour”), one of Romania’s leading tour operators, in relation to its initial public offering (IPO) and the listing of the company’s shares on the Regulated Market of the Bucharest Stock Exchange. The offering was conducted between the 21st and 28th of May 2026 and was successfully closed at a final price of RON 1.895 per share, resulting in an implied market capitalization of approximately RON 410 million.
The IPO raised approximately RON 149 million, with the total subscription rate reaching 121%, underscoring solid investor confidence in Christian Tour's leading position within Romania's tourism sector.
“The Christian Tour IPO is one of those transactions that demonstrates just how much the Romanian entrepreneurial ecosystem has evolved in recent years. We are talking about a company that has grown organically, has become a leader in a competitive sector, and is now turning to the capital market to support its next phase of growth. The strong investor interest confirms both confidence in the company’s strategy and prospects, as well as the capital market’s ability to support large-scale entrepreneurial projects. We are pleased to have had the opportunity to assist Christian Tour in this process and thank them for their trust. We congratulate the company’s team and all the consultants involved for their professionalism and excellent collaboration throughout the transaction”, said Olga Niță, partner at Filip & Company.
The Filip & Company team that advised Christian Tour on this transaction was led by Olga Niță (partner) and included Roxana Diaconu (counsel) and Sebastian Dragomir (associate).
Over the last years, Filip & Company has been successfully involved in many benchmark transactions on the Romanian capital market, whether they were share or bond offers, as well as in all the bond issues of the Romanian State on the external markets. The Filip & Company lawyers are ranked first in the most prestigious international directories - Chambers and Partners, Legal 500 and IFLR – in the Capital Markets practice, both as a team as well as individually, and Alexandru Bîrsan is included in the Legal 500’s “Hall of fame” for this practice area.
Filip & Company
Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses. Please visit www.filipandcompany.com to find out more about Filip & Company’s expertise areas and team.
