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STOCK EXCHANGE

BVB set to become a financial hub in the region

bursa

The Bucharest Stock Exchange, ranked as one of the world’s best-performing, and its new largest shareholder, European Bank for Reconstruction and Development (EBRD), have set their sights on becoming a financial hub for the region. They eye MSCI emerging-market status ...

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ZEW-Erste: Romania’s economic prospects for the next six months get better

prevision

In November 2014 economic expectations for Central and Eastern Europe (CEE) are improving. According to a recent ZEW-Erste Group Bank survey, the Economic Sentiment Indicator for the CEE region has gained 5.5 points and reaches a level of 12.5 points. ...

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EBRD becomes BVB’s shareholder, acquiring an equity stake of almost 5 pc

BVB

As part of the strategy to promote the development of Romania’s capital markets, European Bank for Reconstruction and Development (EBRD) has acquired a 4.99 percent stake in the Bucharest Stock Exchange (BVB), ‘demonstrating its support for Romania’s comprehensive efforts to ...

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Election, no affect on Romania’s credit rating. No significant movement on capital market

StandardPoors

Klaus Iohannis’s presidential election victory over current prime minister and leader of the Social Democratic Party, Victor Ponta, has no immediate effect on Romania’s sovereign credit ratings of BBB-/Stable/A-3, according to Standard & Poor’s (S&P) rating agency. “That said, the ...

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Conpet, on Proprietatea Fund sales list. First package sold for nearly RON 100 M

fond

Proprietatea Fund (FP) continues its strategy of selling important assets in the portfolio. Thus, FP sold 23.6 percent of oil product transport company Conpet based in Ploiesti on the Bucharest Stock Exchange (BVB) via a private placement, in a transaction ...

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Electrica shares to be included in MSCI frontier markets index

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Morgan Stanley Capital International (MSCI) decided, in its November Semi?Annual Index Review for the MSCI Equity Indexes, to include Electrica (EL) shares to MSCI Frontier Markets Index. The inclusion will be implemented as of the close of November 25, 2014, ...

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Electrica shares have a new market maker

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Starting November 6, 2014, Electrica shares will benefit of the market making services from the intermediary Wood & Company. According to a press release, Wood & Company joined the BVB Market making Program since its launch, in January 2014. At ...

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BVB: ‘Odd lot market’ eliminated as of December 2

stock

Bucharest Stock Exchange (BVB) makes another step towards developed market infrastructure. Starting December 2, 2014, all orders placed for execution at the BVB, for all instruments traded on BVB, can represent any volumes that the investor wants to trade, a ...

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