Listing of Fondul Proprietatea is the chance for the Stock Exchange to be reborn

The top officials of the Romanian capital market present at ZF's open editorial meeting ZF Expert said the listing of Fondul Proprietatea (Property Fund) is an example that big things can happen in Romania, as well.
The chairman of the Bucharest Stock Exchange, an official of manager Franklin Templeton, the broker that promotes the Fund in the biggest road show in Europe, as well as analysts and investment managers were present yesterday at ZF's editorial meeting, and were unanimous in saying that the listing of Fondul Proprietatea is "the chance of a new beginning for the Bucharest Stock Exchange."
"A successful listing of the Fund on the Stock Exchange will be indicated by parameters such as the volume of trading and capitalisation, with expectations being high in these respects. I think daily trading with Fondul Proprietatea shares can amount to at least 3 million euros," said Stere Farmache, chairman of the Bucharest Stock Exchange. In the past year, the daily average value of share transactions has been 5 million euros.
The shares of Fondul Proprietatea are the most awaited shares on the Bucharest Stock Exchange, considering that the listing allows big investment funds access to the most valuable company in Romania, as well as allowing former owners to receive their compensation.
The chairman of BSE gave assurances that there would be no trading problems if trading volumes were high in the first day, with the trading platform being tested in the past few months.