Romania to have new alternative stock market platform for small firms, IT & startups

Companies with a market value of up to EUR 250,000 will be able to list on the Bucharest Stock Exchange on an alternative trading system, which will become functional by the end of this year, provided they list at least 10% of their shares, according to the Bucharest Stock Exchange CEO Ludwik Sobolewski. The BSE signed partnerships with several associations, to list IT companies, as well as start-ups. “This new market will be launched in a couple of weeks and will represent a new opportunity for these companies, for entrepreneurs interested in building their business transparently,” said Sobolewski. Radu Georgescu, the president of GECAD Group, said there are at least 10 – 20 IT companies in Romania at any moment which could be listed on the stock exchange. Ludwik Sobolewski’s juggling act at the helm of the Bucharest Stock Exchange. Will he land on his feet? Bucharest Stock Exchange to reduce trading fees Bucharest Stock Exchange to shorten settlement cycle from October