Sobolewski: furthering privatization, most important factor for growing Romania's capital market

Furthering the privatization process is the most important factor for the development of Romania's capital market, but also of the economy as a whole, with the capital market being increasingly visible internationally, Ludwik Sobolewski, the CEO of the Bucharest Stock Exchange (BVB), said on Tuesday.

"Romania's capital market is an extraordinary evolution process and in a process of becoming much more visible internationally and in terms of investors. Our expectations when it comes to privatization should not diminish, as it remains the most important factor for developing both Romania's capital market and the entire economy," Sobolewski mentioned.

He pointed out that the capital market in Romania is "one of the markets with the most dynamic development."

"I believe ? and I can be accused of lack of objectivity ? that Romania is now very close to this family of emerging markets. We can even say that it is at the same level as other neighbouring markets. We need to be proactive, to attract new customers and to persuade them that the products on the capital markets are good," said the BVB's CEO. AGERPRES