Made in Romania or BVB Arena currently, shows that the Bucharest Stock Exchange can be a stage that helps promote local companies, on Thursday evening said Radu Hanga, the president of the Board of Directors of the Bucharest Stock Exchange at the BVB Arena Gala 2024.
“It’s the first time we’re making the transition from Made in Romania, as the programme was called until last year, to the new logo, BVB Arena. It’s a journey we’re taking to identify and promote successful Romanian companies. I wish believe that during these 7 years, Made in Romania and BVB Arena show you that the Bucharest Stock Exchange can be a stage that helps promote local companies. If we look at history, we have had over 1,500 companies, small companies, large companies, which have gone through the Made in Romania project. Some of them have reached the stage of the Bucharest Stock Exchange, either by issuing shares or by issuing bonds. We like to think that they have found other financing solutions, whether it’s bank loans, access to venture capital funds or consulting from our programme partners, we want to believe that what we do here adds value to your business and shows you one of the options to move forward to the Bucharest Stock Exchange,” Radu Hanga said.
Adrian Tanase, the managing director of the Bucharest Stock Exchange, stated that there is risk capital in the Romanian market, and entrepreneurs must learn how to access it. He also said that BVB Arena and Made in Romania produced results and specified that 20 companies accessed capital market financing of over 230 million euros.
BVB awarded the 15 finalist companies of BVB Arena 2024 on Thursday. In the first stage, 50 semi-finalist companies were selected by the members of the Nomination Committee, and later the public chose three of the 15 finalists.
The programme run since 2017 by the Bucharest Stock Exchange, was initially called Made In Romania and exceeded 1,500 companies enrolled in the programme.