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BT Capital Partners, the underwriter for the initial public offering of the leading travel operator on the Bucharest Stock Exchange

NEWS
June 22, 2026
READING TIME: 2 MINUTES
BT Capital Partners, the underwriter for the initial public offering of the leading travel operator on the Bucharest Stock Exchange

BT Capital Partners, the leader in Romania’s investment banking and brokerage market, has successfully completed the listing of Christian Tour (Christian ’76 Tour) on the Bucharest Stock Exchange (BVB), marking the debut of the first tourism operator on the BVB’s Regulated Market on June 22, 2026, under the ticker symbol TRIP.

The listing follows an initial public offering (IPO) in May 2026 worth 149 million lei (28.4 million euros), with a subscription rate of 121%.

The listing of Christian Tour marks the culmination of a landmark transaction for the Romanian capital market, given the issuer’s profile, the innovative structure of the offering, and the contextual challenges the company successfully overcame to present this opportunity to future shareholders. From BT Capital Partners’ perspective, the success of this process confirms that investors are ready to support strong entrepreneurial companies—leaders in their sectors, with recognized brands and solid growth prospects in a competitive environment. A defining feature of the transaction was the complementary participation of institutional and retail investors. Institutional investors helped validate the company’s fundamentals and its medium- and long-term growth potential, while the interest shown by retail investors demonstrated the appeal of the Christian Tour brand and the general public’s desire to be part of the success story of one of the most important companies in the Romanian tourism industry.

Daniela Secară
CEO
BT Capital Partners

Christian Tour, over 365,000 tourists annually

Christian Tour was founded in 1997 and has evolved over the years from an entrepreneurial travel agency into one of the country’s leading integrated tourism platforms. Currently, the company operates the most extensive network of travel agencies in Romania, with 63 locations and over 365,000 tourists annually.

BT Capital Partners

BT Capital Partners, part of the Banca Transilvania Financial Group, offers comprehensive investment banking services: capital markets intermediation, mergers and acquisitions advisory, corporate finance, and integrated solutions for institutional and individual investors. The company plays a central role in the development of Romania’s capital market by contributing to landmark listings and strengthening the local entrepreneurial ecosystem.

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