Floatation on its own platform is the first step that the
Bucharest Stock Exchange (BSE) is taking toward its opening to a
strategic partnership with a strong operator of CEE, setting the
groundwork for its turning into the second capital market in the
region, after Poland, in the next fifteen years. Apart from its
historical value, the 8th of June, the first day BSE stock was
traded, marks a rebooting of the Bucharest Stock Exchange’s
long-term strategy and the way it stands against the local capital
market and markets in the region. “I believe the domestic Stock
Exchange has the potential of becoming the second Poland in the
next fifteen years. Trading volumes and the number of issuers on
the Warsaw Stock Exchange can be matched by the Romanian Stock
Exchange if the example we’ve set today is followed by other
private companies and if the state uses the stock exchange as a
deficit funding source,” said Stere Farmache, chairman of BSE at
the opening of the first BSE stock trading session. To match the
current capitalisation of the Polish stock exchange, of 170bn
euros, almost ten times higher, the Romanian stock exchange needs
political support and the Government, which should list the
companies in which it holds stakes. However, no politician or
government official has attended the first trading session.

Subiecte #BSE#Stock Exchange