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Raiffeisen Centrobank (RCB) and Bucharest Stock Exchange (BVB) organized on October 18th in Stockholm the first Romania Investors Day event dedicated to Nordic investors. The event brought together Swedish investors and Romanian blue chips.
Adrian Tanase, BVB CEO, stated: "We are committed to extend our reach for new investors in Romanian capital market, and the Nordic experience shows that good financial returns, long term value creation and corporate governance are key factors for portfolio investment decision."
Ozgür Guyuldar, Head of Emerging Markets Sales & Sales Trading at Raiffeisen Centrobank, pointed out the importance of Romanian capital market for Raiffeisen Group strategy and the entire European region: "We see steadily increasing investor interest towards Romanian listed companies not only in Europe, but also in USA. We acknowledge the potential of this market therefore we are delighted to present new opportunities for corporate access activities and to build business relations with Romanian corporates and Romanian capital market representatives."
Following the increasing interest for Romania in recent years, Raiffeisen Centrobank decided to organize the first dedicated Romania investors’ day in Stockholm on October 18, 2018, where five Romanian companies presented their investment story to local investors. This one-day event offered a unique opportunity to the investors to meet top Romanian companies listed on the Bucharest Stock Exchange on a one-on-one basis.
Present at the event, Ionut Mastacaneanu, Tax Director, KPMG in Romania, explained: “Romanian tax environment facilitates the access of foreign investors to the local capital market, as they can benefit of the extended double tax treaties network Romania has in place (over 90 treaties), as well as of a reduced domestic withholding tax rate applicable to dividend payments (5%). Still, the long-term stability and predictability of the tax legislation, as well as minimizing the tax compliance procedures, are key to attracting new investment flows.”
Raiffeisen Centrobank AG is the equity arm of Raiffeisen Bank International and one of the largest equity houses in Central- and Eastern Europe. The bank focuses mainly on the equity markets, both as regards sales and trading in equities and derivatives. Equity sales to national and international institutional investors including current market events and in-house research coverage to develop tailor-made solutions for its customers. "Our employees have a strong relation to our core markets: we know the particularities of the individual markets, speak the local language and benefit from the local presence of our Banking Group in all relevant financial markets in <<emerging Europe>>," RCB stated.
The Romanian capital market has achieved great progress in recent years, according to RCB. "The market infrastructure was adapted and developed in order to meet sophisticated demands from international clients. Raiffeisen Centrobank`s team gathered the positive feedback from institutional investors, both domestic and foreign, therefore we will continue our extensive marketing and promotion of Romanian companies, through roadshows and various investors’ events, to variety of institutional investors," RCB added.
