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Advanced discussions on listing Telekom, Enel, Hidroelectrica and Distrigaz on BVB

By Anca Bernovici
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Romanian Financial Supervisory Authority (ASF) is in advanced discussions with Ministry of Public Finances regarding the listing of some companies on the Bucharest Stock Exchange (BVB), which could contribute to liquidity and volume of transactions increasing on the stock exchange.

According to Misu Negritoiu, ASF’s head, companies in question are Hidroelectrica, Telekom, Enel, and Distrigaz.

„The State has the option, in most of these companies to sell its part, totally or in partially, the holdings of shares on the capital market also. The third group of companies that could help improve market liquidity are the listed companies, state shareholdings, minority or majority, and where the state could raise the issue, starting with Petrom, as well as Romgaz and others,” Negritoiu stated in a press conference on Tuesday, quoted by Agerpres.

ASF President pointed out also that these companies could bring significant income to the state treasury, of over EUR 1 billion.

„If we begin this fall with one, two or three of these companies over the next 24 months, probably, the volume of transactions will substantially increase. That is why we look to achieve emerging market status, we look at a period of 2-3 years. For us, it is a unique opportunity to recover the potential of strategic national companies,” ASF official said.

 

 

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Anca Bernovici

Anca Bernovici

I started my way in life with the intention to pursue a teaching career. But, after graduating from the Faculty of Letters – the University of Bucharest in 2004, my first job as a reporter at one of the leading newspapers in Romania changed my perspective. I have specialized in communication and communication campaigns, following the Master's courses at the Faculty of Journalism and Communication Studies (FJSC), attending a BBC Communications scholarship.
I’ve represented several important publications in Romania as business journalist, being accredited in the finance and banking field. In 2015, I had the opportunity to interview the International Monetary Fund (IMF) Mission Chief for Romania, Andrea Schaechter. As business journalist, I also had the opportunity to interview ministers for Economics and Commercial
Affairs offices within different embassies in Romania or officials of large companies investing on the domestic market.
After almost 15 years of journalism, I still want to explore new ways, to inform and stay updated. That’s why The Romania Journal project fits me so well.
Today I describe myself as a passionate about the history of world culture, having a PhD in Hebrew Culture and Civilization, after a scholarship at the University of Haifa International School, as a language addict, an environmental activist, pet lover and traveler.

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