Get Adobe Flash player 

BVB plans trading shares of parent companies listed on foreign markets

18 noiembrie 2009

Information in English

Bucharest Stock Exchange (BVB) plans to start transactions with parent companies stock listed on foreign exchanges, which hold important companies in Romania in sectors as financial or telecommunications, stated on Tuesday BVB President Stere Farmache, on the occasion of the Capital Market Forum.

“The most important companies in the banking, communications and retail sectors are held by foreign capital. It is very difficult to persuade these companies to list on BVB as long as the parent companies are listed on foreign exchanges and have a secure financial source. We must think about trading these shares other then by listing them on the local market”, said Farmache.

He explained that BVB is ready to accommodate transactions with shares issued by the parent companies on foreign markets and that these companies stock could be traded without passing through a listing process, as it happened with Erste Bank shares, owner of the Romanian Commercial Bank (BCR).

Farmache also said that Dacia shares (held by Renault) or Romcim (owned by Lafarge), very liquid, blue chip shares in the past on the local market, have been unlisted.
“We can bring back these shares on the market in Romania via some simple mechanisms and at small operating costs, to generate liquidity and to develop the offer of products”, BVB President also said.

 

1 Stea2 Stele3 Stele4 Stele5 Stele (Ne-evaluat încă)
Loading ... Loading ...
Trimite prin email Trimite prin email

Comentează acest articol

*

NOTA: Va rugam sa folositi un limbaj decent in comentariile pe care le lasati. Folosirea de cuvinte obscene, atacuri la persoana autorului (autorilor) materialului, afisarea de anunturi publicitare, precum si jigniri, trivialitati, injurii se vor sanctiona prin cenzurarea partiala a comentariului, stergerea integrala sau chiar interzicerea dreptului de a posta, prin blocarea IP-ului folosit. Site-ul financiarul.ro nu raspunde pentru opiniile postate in rubrica de comentarii, responsabilitatea formularii acestora revine integral autorului comentariului.