Bucharest bourse president: MedLife listing will draw more private companies

The listing of the healthcare operator MedLife on the Bucharest Stock Exchange will bring other Romanian entrepreneurs on the bourse in the next 18 months, said Lucian Anghel, the president of the Bucharest Stock Exchange. “I strongly believe that Medlife will be a successful transaction, and will stimulate Romanian entrepreneurs to have confidence to list their company to raise capital. I really hope that the market will support this transaction,” Anghel said, reports local Agerpres. He mentioned the listing of Adeplast as a negative example, where a broker criticized the transaction in the media on the first day, “the same broker who should have attracted companies”. Anghel also said that the Government needs to ask for structural funds to offer money to the companies that list their shares on the bourse, as it happens in other countries. “If this happens in other EU countries, I don’t understand why it can’t happen in our case,” he said. Romania also needs more state-owned companies listed on the stock market to be upgraded to emerging market status, which would bring bigger investment funds and fresh capital on the Bucharest Stock Exchange, Anghel added. Biggest private healthcare operator in Romania prepares Bucharest Stock Exchange listing editor@romania-insider.com