Proprietatea Fund's Listing Cannot Lift The Bucharest Bourse Alone - financiare.ro
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News » December, 2010 » 30 December 2010

Proprietatea Fund's Listing Cannot Lift The Bucharest Bourse Alone
30.12.2010, 18:58 | Capital Markets | 860 views



The listing of investment fund Fondul Proprietatea will not be enough to restore the Bucharest stock market to levels seen in the summer of 2007, without other initial public offers of large companies that would attract foreign interest, and a return to growth of the Romanian economy.

After nine years of constant growth, the Bucharest Stock Exchange reached in summer 2007 its all-time highs. But the market was badly hurt in 2008 by the financial crisis, which later became the global economic crisis.

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