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Konieczny: Hidroelectrica IPO, Crucial For BVB Upgrade To Emerging Market Status
05.06.2016
The listing of Romanian state-owned hydropower producer Hidroelectrica on Bucharest Stock Exchange (BVB) is crucial for the upgrade of the stock market from frontier market to emerging market status, and an unique opportunity for the government to close a historical transaction, said Greg Konieczny, fund manager of Romanian investment fund Fondul Proprietatea (FP.RO).
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