EldaInvest comes out second

Galati-based firm EldaInvest climbed to the second place in the Bucharest Stock Exchange broker rankings last month. The large transactions handled by the company in September came from the operations of businessman Catalin Chelu, sources close to financial investment companies say. Chelu is one of the main shareholders in SIFs, with significant interests in SIF Oltenia and SIF Moldova, the most traded of the five SIFs last month. EldaInvest representatives did not comment on their attaining second place in the September rankings. EldaInvest achieved a traded volume of 28.4 million euros last month, pushing it up among the top three brokers, with a 7.6% share of the total transactions. ZF