Bucharest Stock Exchange net Profit in 06 Approximately Three Times Higher than in 2005

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Bucharest Stock Exchange net Profit in 06 Approximately Three Times Higher than in 2005

The Bucharest Stock Exchange (BSE) reported net profits for last year of RON 15.5 M (EUR 4.4 M), approx. three times more than in 2005, and an almost double turnover of RON 30.4 M (EUR 8.6 M), Nine o'Clock reports.

The increase was triggered by large transaction volumes, and it may be fully incorporated in the equity. In 2005,The Bucharest Stock Exchange reported a profit of RON 5.39 M and RON 13.6 M in turnover.

At an upcoming general meeting BSE's shareholders will vote the approval of a proposal to raise the equity from RON 34.8 M to RON 49.4 M, by incorporating reserves from the 2006 net profits (RON 14.5 M).

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