Jean-Pierre Vigroux, managing partner of consulting and auditfirm Mazars' local office, one of the most influential consultantson the market, rates the Romanian capital market 6 out of 10 interms of transparency and believes investors mentality ispreventing Romania from having a developed capital market.
"I give companies listed on the Bucharest Stock Exchange a sixin terms of transparency. Six is a pass mark, though below thelevel recorded by other capital markets in the region, such asPoland and the Czech Republic. Romania requires time to recoverlost ground and I don't think it will be able to have a big capitalmarket within the next ten years, mostly because of investormentality. Romanian investors prefer palpable speculations withmore palpable assets such as land and real estate," said theconsultant.
Vigroux established PricewaterhouseCoopers (PwC) office inRomania in 1991 and ran the company for 13 years, being one of theexpats most familiar with the Romanian market.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
