|
|
|
|
|
| 7/8/2010 |
| Renaissance becomes WSE's foreign member |
Renaissance Capital has become a member of the Warsaw Stock Exchange ("WSE"). The WSE Management Board passed a respective decision on June 28, 2010.
"The move is another step in Renaissance's CEE expansion strategy", says Peter Vanhecke, CEO of Renaissance Capital in the Central and Eastern Europe. "By being a member of the Warsaw Stock Exchange, we will provide our clients with an increased access to one of the main emerging market listing locations in the region".
This bears special importance for Ukrainian companies that look at Warsaw as a leading location for raising capital, Renaissance says. The best known Ukrainian companies currently trading in Warsaw include Kernel and Astarta, major agriculture producers.
Renaissance Capital has been WSE IPO partner since 2008.
There are 47 members of the Warsaw Stock Exchange in total now – 28 local and 19 foreign (remote) members.
The WSE is now an important European capital market and a CEE leader, leveraging the growth potential of the Polish economy and the dynamic rise of the Polish capital market.
The Warsaw Stock Exchange is a joint-stock company founded by the State Treasury. It is currently pursuing a growth strategy aimed at creating a Central and Eastern European financial centre in Warsaw.
About Renaissance Capital
Renaissance Capital Ukraine is a leading full-service investment bank based in Kyiv and a part of Renaissance Capital, the No 1 independent investment bank in the CIS and other high-opportunity emerging markets. The company holds market-leading positions in each of its core businesses in Ukraine – financial and strategic advisory, M&A, structuring, trading, equity and debt issuance, and research.
|
|
|
