The Bucharest Foreign Exchange (BVB) announced that 37 more companies will debut Wednesday, August 5 2015, on the AeRO market, after their transfer from Rasdaq and the Unlisted segment of the market.
AeRO market is the equity segment of the Bucharest Stock Exchange alternative trading system. It is a market segment designed for listing of early stage companies, start-ups and SMEs, to finance their projects, growth stories, increase their visibility and contribute to the development of the business environment.
Based on the BVB alternative trading system existing since 2010, the AeRO market, under its redesigned and reconstructed concept, was launched on February 25, 2015. At the moment, a number of 169 companies are admitted to trading on the AeRO market, with a cumulated market capitalization of RON 2.73 billion (EUR 620 million).
In October 2014, the Romanian Parliament adopted a bill on Tuesday abating the Rasdaq market. Issuers listed on this segment had the choice to transfer to a regulated market or an alternative trading system (ATS) or be delisted. At that moment 928 companies were listed on Rasdaq, the electronic stock exchange, with a share capital of EUR 1.71 million.
The companies that will be joining the AeRO market on Wednesday are:
Bucharest Stock Exchange runs markets for shares, bonds and other instruments, through regulated platforms and alternative systems, and provides a wide range of services to participants of financial markets. Bucharest Stock Exchange is a public company, listed on its own market since 2010.