Dr. Fischer Dental the leader of the dental equipment market in Romania is going public on the AeRO market

2/22/2022

Dr. Fischer Dental, leader of the Romanian dental equipment market, went public on February 22 on the AeRO market, under the stock ticker DENT. The debut on the Bucharest Stock Exchange took place after a private placement through which the company attracted from investors RON 5.1mn, funds that will be used for national and international expansion.

‘The AeRO market is starting to become the favorite financing place for Romanian entrepreneurs, which honors us. Dr. Fischer Dental is the fourth company to ring BVB’s bell since the beginning of the year, in addition to two other companies that listed bonds. With this new listing, capital market investors have access to a new player in the medical field. I wish them success on the exchange and we are still waiting for them on the capital market for new rounds of financing’, said Radu Hanga, Bucharest Stock Exchange President.

‘Our work for over 25 years has brought back the smiles of tens of thousands of patients, the final beneficiaries of our services, generating professional satisfaction for thousands of dentists who have turned to us for quality and promptness. With the listing of the shares, we are convinced that we will bring reasons for gratitude to the investors who have chosen to support us in the growth strategy. Dr. Fischer Dental is a leader in the dental services market in Romania, and through the financing obtained on the capital market we can consolidate our position locally, taking our services to smaller cities, where demand is poorly covered. On the other hand, we have started expanding internationally, opening a laboratory in Germany, which will increase the number of opportunities we can take advantage of in this market’, said Dr. Antoaneta Fischer, Dr. Fischer Dental Founder and President.

Dr. Fischer Dental sold during a private placement of shares, held in November 2021, 900,936 shares at a price of RON 5,7 per share. The private placement and the listing were carried out with TradeVille’s support.   

‘Starting with February 22, 2022, Bucharest Stock Exchange together with TradeVille help Romania to have a beautiful smile by starting the trading of Dr. Fischer Dental shares under the stock ticker DENT. Thus, the largest dental company in our country becomes the newest star in the panoply of the AeRO market and on the local stock exchange. We are confident that this first step will help the company to spread its «wings»  and to become one of the largest of its kind in Europe. TradeVille team wishes them success and always to have reason to smile happily’, said Ovidiu-George Dumitrescu, CFA, TradeVille Deputy CEO.

Dr. Fischer Dental was founded as a dental laboratory in 1995 by Dr. Antoaneta Fischer and Dr. Peter Paul Fischer, a family of dentists who at that time had work experience in the field in Berlin and Dusseldorf. Under its current name, the company has been operating in Bucharest since 2014. Dr. Fischer Dental specializes in the production of dental prosthetic works, such as dental crowns, dental bridges, dental prostheses, orthodontic appliances, dental veneers. The Group's main clients are dental offices and other dental laboratories, both from abroad - Germany, Italy, France, Belgium, Netherlands, Sweden, Switzerland, Canada and Israel, as well as from Romania. The new AeRO listed company wholly owns the shares of Dr. Fischer Digital Lab, SDS SRL established in Romania and Dr. Fischer Dental GmbH, recently established in Dusseldorf, Germany.

The turnover of the Group in 2021 was RON 10.4mn, out of which 99,9% came from the sale of prosthetic works. Dr. Fischer Dental turnover was RON 9,8mn. At the Group level, the total number of employees was 77, at the end of 2021.