Heads of Hungarian, Romanian stock exchanges discuss cooperation

Deals

Photo courtesy Budapest Stock Exchange

The CEO of the Bucharest Stock Exchange Ludwik Sobolewski and Chairman of the Budapest Stock Exchange (BSE) Márton Nagy met in Budapest during an investor conference organized by Concorde Securities to discuss possible cooperation between the two institutions, according to a press release issued by the BSE yesterday.

The heads discussed ways to augment cooperation between the two organizations and establish a regular dialogue. Sobolewski welcomed steps taken by the BSE to promote the development of Hungarian capital markets, which he said would lay the groundwork for potential growth, according to the press release.

Sobolewski added that independent stock exchanges are positioned to support economic growth by meeting the financing needs of companies, reducing the shadow economy and improving transparency, the press release added.

The management of BSE put forward a five-year strategic plan for 2016-2020 in March in which it aims to improve the BSEʼs competitiveness and the growth of the Hungarian economy in the medium and long term, according to reports.

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.