• Navi

  • How to list a company on the Bucharest Stock Exchange?
  • What is the Bucharest Stock Exchange?
  • What are the advantages of listing on the Bucharest Stock Exchange?
  • What are the steps to follow for the IPO on the Bucharest Stock Exchange?
  • Step 1: Preparation of documents
  • Step 2: Submitting documents
  • Step 3: Issuance of shares
  • Step 4: Registration of shares
  • Step 5: Stock Trading
  • Conclusion

How to list a company on the Bucharest Stock Exchange?

The Bucharest Stock Exchange is one of the main securities exchanges in Romania. It offers companies the opportunity to enter the stock market and take advantage of the advantages it offers. However, in order to enter the stock market, companies must go through an IPO process. In this article, we will take a detailed look at the IPO process on the Bucharest Stock Exchange and the steps to follow to achieve it.

What is the Bucharest Stock Exchange?

The Bucharest Stock Exchange (BVB) is the main securities exchange in Romania. It was founded in 1995 and is regulated by the Commission Nationale des Valeurs Mobilières (CNVM). The Bucharest Stock Exchange is a member of the Association of European Stock Exchanges (FESE) and is also a member of the Euronext group of European stock exchanges.

The Bucharest Stock Exchange offers companies the opportunity to enter the stock market and benefit from the advantages it offers. Companies can issue stocks and bonds, and investors can buy and sell these securities on the stock market. The Bucharest Stock Exchange also offers companies the opportunity to raise capital by issuing shares or bonds.

What are the advantages of listing on the Bucharest Stock Exchange?

Going public on the Bucharest Stock Exchange offers companies several advantages. First, it allows them to access a larger number of investors and raise capital more easily. In addition, it allows them to increase their visibility and notoriety, which can be very useful in attracting investors and customers. Finally, it allows them to access a more liquid and stable market, which can be very useful for businesses looking to expand.

What are the steps to follow for the IPO on the Bucharest Stock Exchange?

The IPO process on the Bucharest Stock Exchange is quite complex and involves several stages. We'll look at each of these steps in detail below:

Step 1: Preparation of documents

The first step is to prepare the necessary documents for the IPO. These documents include the prospectus, annual report, financial report and risk report. These documents must be prepared by a law firm or an accounting firm approved by the CNVM.

Step 2: Submitting documents

Once the necessary documents have been prepared, they must be filed with the CNVM. The CNVM will then review the documents and decide whether the company is eligible for the IPO.

Step 3: Issuance of shares

Once the CNVM approves the IPO, the company must issue its shares. Shares can be issued by the company itself or by a broker approved by the Bucharest Stock Exchange.

Step 4: Registration of shares

Once the shares have been issued, they must be registered with the Bucharest Stock Exchange. This step is usually carried out by a broker approved by the Bucharest Stock Exchange.

Step 5: Stock Trading

Once the shares have been listed, they can be traded on the stock market. Investors can then buy and sell the shares on the stock market.

Conclusion

The IPO on the Bucharest Stock Exchange is a complex process that involves several stages. Companies must prepare the necessary documents, file them with the CNVM, issue their shares, register them with the Bucharest Stock Exchange and finally trade them on the stock market. However, once these steps are completed, companies can take advantage of the benefits that the stock market offers and increase their visibility and awareness.