The Listing Committee at the Bucharest Stock Exchange (BVB) issued favorable notices for trading start of the shares issued by adidas AG and SAP AG on the international tier of ATS, the alternative trading system of the BVB. The trading start is going to be under approval of the BVB Board of Governors.
Adidas AG is one of the German largest shoes and sportswear maker, with worldwide sales in 2010 of over EUR 11 billion and a market cap of EUR 9.5 billion.
SAP AG, company headquartered in Germany, is the global leader for ERP – enterprise resources and planning. SAP is present in 120 countries, reaching a market cap of EUR 43.6 billion.
Ovidiu Posirca