Investment opportunities discussed at Romania Day in Zagreb

Blue chips listed on the Bucharest Stock Exchange (BVB) main market discussed investment opportunities with the Croatian and Slovenian institutional investors during Romania Day in Zagreb conference
Banca Transilvania, BVB, Electrica, Fondul Proprietatea, Nuclearelectrica, Romgaz, Sphera Franchise Group and Transelectrica had 42 investors meeting during Romania Day in Zagreb

Blue chips listed on the Bucharest Stock Exchange (BVB) main market discussed investment opportunities with the Croatian and Slovenian institutional investors during Romania Day in Zagreb conference, organized by InterCapital Securities and BVB, with the support of AD Plastik, Fondul Proprietatea and Zagreb Stock Exchange.

InterCapital is an independent investment company established in 2001 and currently a leading company for trading of financial instruments, investment banking and asset management services in Croatia and the neighboring markets of Slovenia, Romania, Serbia and Bulgaria.

“We are pleased that InterCapital had an opportunity to present Romanian companies to the local investor community and hope that the conference will help in enhancing cross border investments. By examining the rapid development of the Romanian capital market over the years we also believe that the conference addressed how adequate corporate and public policy can attract international investors and ultimately position an entire country on a global investor roadmap” said Matko Maravic, CEO InterCapital Securities.

Croatian mandatory pension funds have total assets under management of EUR 13.0 bn, with 11% allocated to domestic equity, 12% to foreign equity, and the rest held mostly in debt and money market instruments.

Croatian UCITS funds have total assets under management of EUR 2.7bn, with 4% allocated to domestic equity, 9% to foreign equity and the rest held mostly in debt and money market instruments.

Slovenian UCITS funds have total assets under management of EUR 2.8bn, with 3% allocated to domestic equity and 67% to foreign equity.

Adrian Tanase, CEO BVB, stated: “Institutional investors are a sustainable driver of capital market development, either is about financing public offers run on the stock exchange, about offering a safe alternative investment for long term savings or about improving financial literacy. And we are happy to have created the bond with Croatian and Slovenian investors with the support of InterCapital.”

Romania Day in Zagreb was a one day event focusing on bringing together the investment community from Croatia and Slovenia with capital market specialists and issuers from BVB. First part of the event was dedicated to presentations and interactive dialogue over investment climate in Romania and capital market, while the second part was for bilateral meetings between Romanian issuers and investors. Banca Transilvania, BVB, Electrica, Fondul Proprietatea, Nuclearelectrica, Romgaz, Sphera Franchise Group and Transelectrica had 42 investors meeting during Romania Day in Zagreb.