Romania: Nuclearelectrica has been included in the Emerging Market indices, SEE Energy News
For the first time in history, the Romanian capital market is included, starting from 21 September, in the Emerging Markets indices – new investment funds that manage billions of euros will be able to invest in the companies listed on the Bucharest Stock Exchange, a move that was previously impossible due to the restrictions generated by the country’s former Frontier Market status. Romanian electricity producer Nuclearelectrica, the operator of the country’s sole nuclear power plant Cernavoda, becomes the first majority state-owned Romanian company listed on BVB that is included in the FTSE Russell indices dedicated to Emerging Markets.
The decision came after Romania had been retained on the Watch List for three consecutive years, and it will allow the Romanian capital market and economy to absorb new funds in the coming years.
Nuclearelectrica’s CEO Cosmin Ghita said that the company wants stability in the first place and based on this stability a gradual increase. According to him, this is the very premise from which he started in 2017 and based on which Nuclearelectrica constantly build in order to position the company as advantageous as possible, to bring added value and earnings to its shareholders and investors.