The equities market segment of the Bucharest Stock Exchange Alternative Trading System
Supporting Growth
Investments in companies from the SME sector and family businesses
Solid Performance
The Fund’s experience and solid financial performance
Moral Values
Care for ethical values, a socially responsible company
WORKING AREA

AERO MARKET

BVB MARKET
Main Market of Bucharest Stock Exchange

WSE MARKET
Main Market of Warsaw Stock Exchange

NEWCONNECT MARKET
Alternative Market operated by the WSE outside the regulated market as an alternative trading system
CARPATHIA CAPITAL IN NUMBERS
COMPLETE GROUP
CARPATHIA CAPITAL IS A PART OF INC GROUP – COMPLETE GROUP ON THE CAPITAL MARKET
INC is a dynamically developing Polish capital group operating in the area of investment and advisory services in the Polish capital market. For over 20 years the Company supports the development of small and medium-sized enterprises, as well as local government units. Since 2006 INC is listed on the Warsaw Stock Exchange. We are consistently maintaining our unquestionable position among the top NewConnect Authorized Advisers in Poland. We took the first place in Forbes’s ranking in 2011 and remained in the very top in consecutive years. Furthermore, we took the first place in Home&Market magazin’s ranking of the Authorized Advisors in 2010 and came up second in 2012.
Carpathia Capital SA is the first Polish company listed on AeRO – the Stock Exchange in Bucharest. The company operates as a fund VK / PE for the SME sector in Poland and Romania.
In 2015 INC SA finalized the acquisition of Brokerage house. INC SA Brokerage house (formerly PricewaterhouseCoopers Securities SA) has KNF license to conduct brokerage activities in the field of offering financial instruments.
INC Rating Ltd. was founded in 2014. INC Rating is Polish rating agency specializing in the evaluation of creditworthiness of local governments at all levels. INC Rating has ESMA license – European Supervisory Authority Securities and Markets Authority.
INC East & West is a non-profit company that embodies the idea of corporate social responsibility. The company’s mission is strengthening of ties with Poles Abroad.
Foundation for the Development of Capital Market is a response to the needs of development and education in the field of capital market in Poland and in the world. Educational activities, supporting innovative projects, support for outstanding students, raise awareness of the capital market are the main goals set by the Foundation

CARPATHIA CAPITAL
Venture fund, investing in a company characterized by high dynamics of growth.
INC SA
Multiple Winner of Warsaw Stock Exchange, Forbes and Home&Market Awards.
INC BROKERAGE HOUSE
INC Brokerage House in Poznan has been authorized by the Financial Supervision Commission.
INC RATING
Polish Rating Agency licensed by ESMA specialized in ratings for Local Governments.
INC EAST&WEST
Non-profit company that embodies the idea of corporate social resposibility.
FOUNDATION RRK
Response to the needs of development and education in the field of capital market in Poland and in the world.