ANIS and Bursa de Valori București (BVB) – Bucharest Stock Exchange signed a memorandum of understanding in order to promote the capital markets financing opportunities towards the Romanian IT companies.
The local IT sector witnessed a spectacular growth during the last decade and, in this period, Romanian-born companies became global success stories. Bucharest Stock Exchange believes that the development potential is even higher and the local capital market could be a springboard for many other entrepreneurs aiming to raise capital for expansion and to increase the visibility of their businesses.
„We are glad to announce this partnership in the IT industry, an extremely dynamic sector, playing an essential role in economic development of Romania, as it was clearly proven during the pandemic crisis. ANIS and BVB support the local tech companies to attract the capital needed for their own growth but also for the growth of the Romanian digital economy” stated Gabriela Mechea, Executive Director ANIS.
On the basis of their partnership, Bucharest Stock Exchange and ANIS intend to organize events and presentations for the ANIS members, describing the capital markets mechanisms and the opportunities available through the platforms operated by the exchange. At the same time, ANIS will be be involved in promoting the project Made in Romania, a project initiated by Bucharest Stock Exchange which aims to connect the local entrepreneurs with the capital holders and also to showcase the most promising local businesses.
„Bucharest Stock Exchange is the main financing channel for the Romanian entrepreneurs and our objective is to support the development of the local companies. The IT sector is essential for the Romanian economy and it had a tremendous growth in the last years. We want a better representation of this sector on the stock exchange and also to facilitate the access of our investors to companies with technology background. The partnership with ANIS is a very meaningful step in this direction.”, stated Radu Hanga, Chairman of the Board of Directors, Bucharest Stock Exchange.
“The evolution of the market in the last years showed a very high level of interest from investors towards companies with high growth potential and, certainly, the IT sector is among the most attractive. We are positive that the partnership with ANIS will help us to identify the entrepreneurs and the companies who can make good use of this available capital and to contribute in this manner to the general development of the Romanian business environment”, said Adrian Tanase, CEO, Bucharest Stock Exchange.
The partnership between BVB and ANIS represents another important stepstone in the development of the Romanian capital market as well as for the entrepreneurial ecosystem by streamlining the access to alternative financing sources and also by facilitating the listings on the public markets.