Romania to have new alternative stock market platform

Companies with a market value of up to EUR 250,000 will be able to list on the Bucharest Stock Exchange on an alternative trading system, which will become functional by the end of this year, provided they list at least 10% of their shares, according to the Bucharest Stock Exchange CEO Ludwik Sobolewski. The BSE signed partnerships with several associations, to list IT companies, as well as start-ups. “This new market will be launched in a couple of weeks and will represent a new opportunity for these companies, for entrepreneurs interested in building their business transparently,” said Sobolewski. A similar platform called NewConnect, works on the Warsaw Stock Exchange since 2007 and offers investors the opportunity to fund innovative companies and then get their rapid growth. Radu Georgescu, the president of GECAD Group, said there are at least 10 – 20 IT companies in Romania at any moment which could be listed on the stock exchange. Źródła: http://www.zf.ro/, http://www.romania-insider.com.Tags: , ,