Central & Eastern European Stock Exchanges Cooperation possibilities

Eleven stock exchanges in the region have announced their participation in the BURSA conference dedicated to the stock market.

The BURSA press group, in partnership with the Association of Brokers, is organizing the hybrid conference “Central & Eastern European Stock Exchanges Cooperation Possibilities“, which will be held on May 27, 2021, starting at 10:00. The event will take place at the Novotel Hotel and on the Zoom platform and will be broadcasted live on www.bursa.ro, on the Facebook page and Youtube channel of the BURSA newspaper, as well as on the Facebook accounts of the media partners.

The BURSA conference, which will be moderated by Dan Paul, the president of the Association of Brokers and the vice-president of the Bucharest Stock Exchange, has received attendance confirmations from representatives of eleven stock exchanges in the region, market analysts and representatives of companies listed on the Romanian stock market, as follows:

• Radu Hanga, President of the Bucharest Stock Exchange;
• Adrian Tănase, CEO of the Bucharest Stock Exchange;
• Richárd Végh, CEO of the Budapest Stock Exchange, Hungary;
• Witold Wiliński, CEO of GPW Tech, part of the Warsaw Stock Exchange Group (GPW Group), Poland;
• Aleš Ipavec, President of the Management  Board of the Ljubljana Stock Exchange, Slovenia;
• Manyu Moravenov, CEO of the Bulgarian Stock Exchange;
• Artan Gjergji, Executive Director – CEO of the Albanian Securities Exchange s.a. (ALSE);
• Ivana Gažić, President of the Board of Directors of the Zagreb Stock Exchange, Croatia;
• Siniša Krneta, CEO of the Belgrade Stock Exchange, Serbia;
• Christoph Boschan, CEO of the Vienna Stock Exchange, Austria;
• Corneliu Dodu, the President of the Moldova Stock Exchange;
• Mahmut Aydoğmuş, PhD, Director (Act.) International Relations, Borsa Istanbul, Turkey;
• Ovidiu Petru, Capital Market Expert at the Financial Supervisory Authority (ASF);
• Johan Meyer, CEO of Franklin Templeton International Services S.à r.l. Bucharest Branch;
• Ioana Birta,CFO, TeraPlast;
• Ioan Nani, CEO of Antibiotice Iaşi;
• Jan Pricop, the Executive Director of the Fund Managers Association of Romania (AAF);
• Daniela Secară, CEO of BT Capital Partners;
• Adrian Codirlaşu, Vice-president, CFA Romania;
• Andre Cappon, Founder of the CBM Group, New York, USA;

The event will feature two panels. The first will debate the possibilities for cooperation between the stock exchanges in Central and Eastern Europe, and the second will discuss the development stage and the prospects of the Romanian stock markets.

The Romanian stock market was last year promoted to secondary emerging market by FTSE Russell, while the most important markets in the region are emerging advanced, and Poland is a developed market. For now, the BSE has few companies included in the FTSE indices, and their weight is relatively low, but there are prospects for improvement. Still, listings of major companies are rare, meaning that the supply available to institutional investors (mutual funds, pension funds) has been shrinking constantly. On the other hand, over the last year, an increasing number of entrepreneurs have resorted to financing through the mechanisms of the Multilateral Trading System of the Bucharest Stock Exchange, and the number of active investors on the BSE has increased. All of these changed during the Covid-19 lockdown, event which changed behaviors, modified and accelerated trends, reset economies. In the May 27 conference, the BURSA newspaper wants to present the current development stage of the Romanian stock market, its prospects and those of its peers in the region, the opportunities and obstacles taking shape following the Covid-19 pandemic.

The proposed topics include:

First Panel: Central & Eastern European Stock Exchanges Cooperation Possibilities

Topics proposed for debate:

• Capital markets in Central and Eastern Europe – the interest for a regional cooperation;
• Appropriate models of cooperation– Northern Europ, South-East Asia, Latin America;
• Proposals for a regional cooperation – benefits for the exchanges, issuers and investors.

Next Panel: The Bucharest Stock Exchange – emerging market in Central and Eastern Europe. A debate about the stage of the development and the prospects of our stock market. 

Topics proposed for debate:

• The  prospects of the Romanian stock market after entering the emerging market tier; benefits for companies, investors, investment funds, pension funds, etc;
• Ways of using the mechanisms of the stock market for issuers: financing growth, leaving the business (exit), etc; differences between listed and unlisted companies;
• The state’s role in the development of the stock market.

About the BURSA events:

The organizing of this kind of reunions is the task of the BURSA newspaper, as an information vehicle, organizer and traditional host, for the open transfer of know-how, opinion-making, opportunities and business agreements, contact methods.

With over 150 events hosted, the BURSA newspaper has gathered more than 20,000 attendees from the business sector, finance, banking, public authorities, diplomats, lawyers, consultants, journalists. The BURSA events have enjoyed a real success, being viewed by 35,000 people on average and reaching approximately 55,000 people.