The BVB Arena Nominations Committee has selected 50 semi-finalists out of the 409 companies nominated on the platform www.bvbarena.ro. From today, 8th of July, until the end of the month, 31st of July, the public can vote on this platform to choose 3 of the 15 finalists for the BVB Arena 2024 edition. Since 2017, the Bucharest Stock Exchange’s BVB Arena program has enrolled over 1,500 companies. Each edition has set new records for interest, reflected in the increasing number of nominated companies.
This year, as every year since the launching of BVB Arena, we eagerly awaited the selection of semi-finalist companies to confirm, once again, the value that Romanian entrepreneurs bring to the local economy. Directly, through the products and services they produce, through the ingenuity of the businesses they run, and indirectly through the well-being they generate for their employees and their families. This year’s edition is no exception, we have companies included in the program that are more or less known to the general public, and I am glad that they have accepted to be part of the BVB Arena community. Every BVB Arena company is in fact a winner, as the BVB Arena mentoring program is intended for all nominees’, said Radu Hanga, President of the Bucharest Stock Exchange.
‘The number of companies nominated in this year’s BVB Arena program, as well as the typology of the 50 semi-finalists, are signs of the growing interest of entrepreneurs towards the capital market and the success of this program. We know that the time from the intention to the listing of a company is not a short one, but we are confident that Romanian entrepreneurs understand better and better, thanks to BVB Arena, what are the direct and indirect advantages of financing on the stock market. Because you don’t just raise capital on the stock market, you also get intangible advantages, such as notoriety, visibility, and strengthening your reputation. We already have several examples of success: since the beginning of the program, more than 20 companies have come to the stock exchange with shares or bonds, and the financing rounds have reached almost EUR 240mn’, said Adrian Tanase, CEO of Bucharest Stock Exchange.
Find the 50 semi-finalists and more details here.
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