WSE becomes a shareholder in Sibiu Monetary Financial and Commodities Exchange
Warsaw Stock Exchange has became a shareholder in the Romanian monetary and derivatives exchange Bursa Monetar Financiara si de Marfuri in Sibiu (BMFMS).
Teodor Ancuta, chairman of BMFMS, said that he believes the partnership will allow the Romanian exchange to fulfil its ambitions. We were looking for and we found a reliable partner that could help us to expand our activities, said Ancuta. We hope that together with the WSE we will succeed in building an important institution for the regional financial environment, he added. Ancuta insists that the deal represents a turning point for the Romanian economy.
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