The Bucharest Stock Exchange (BVB) recently released its first edition of the International Investors’ Guide, which is part of the Investing Romania program. The guide includes relevant information for foreign investors who are interested to invest on Romania’s capital markets.

"The strengths of Romanian capital market, which embarked on an ambitious journey towards modernization and growth, must be properly illustrated. The investment community should be adequately informed about the pace of change in one of most important markets and economies of the CEE and South-Eastern Europe. It belongs to the mission of the Bucharest Stock Exchange, not only generating a change, but to build a good exposure of Romanian assets in many senses", said Ludwik Sobolewski, BVB CEO.

The document contains information about Romania's economic performance and about the opportunities available at the Bucharest Stock Exchange. The guide shows some of the strengths of the local capital markets, such as: a clear growth story, the presence of several defensive stocks with a good track record as dividend payers, a successful privatization program, the potential upgrade to emerging market status, wide market reform and the growing domestic potential.

A separate section is dedicated to fiscal issues applicable to non-resident investors, with new guidelines following the change of the Fiscal Procedural Code. The guide can be found here.

In the near future, the Bucharest Stock Exchange will also launch a new guide for Romanian investors with useful information for those who invest or want to invest in the local capital markets.

The Bucharest Stock Exchange currently has a total market capitalization of almost EUR 20 billion and an average daily trading volume of more than EUR 9 million in the first half of the year. Some of the “stars” of the Bucharest Stock Exchange are investment fund Fondul Proprietatea (BVB ticker: FP), local banks Banca Transilvania (TLV) and BRD-Societe Generale (BRD), oil and gas company OMV Petrom (SNP), gas producer Romgaz (SNG) and the recently listed electricity distributor Electrica (EL).

Andrei Chirileasa, andrei@romania-insider.com