The Romanian Investor Relations Association (ARIR) in collaboration with Institutional Investor – industry leader in global benchmark research on corporate issuers – will recognize performance in Investor Relations (IR), for the first time in Romania during AR&IR Gala from November 25th, 2019.
Global buy and sell-side professionals, active on the Romanian capital market, have carefully assessed the companies listed on Bucharest Stock Exchange through Extel platform. Using a scoring system from 1 (average) to 5 (excellent) leading investment professionals evaluated and assessed EMEA corporates on the following criteria:
– Business Knowledge & Insights of IR team;
– Improvement in IR in last year;
– Quality of One-on-Ones with investors and of Roadshows / Visits;
– Quality of Annual Reports / Formal Disclosure;
– Quality of Website / Webcasting;
– Proactivity of Senior Executives.
The ranking for Best CEO, Best CFO, Best Company in IR and Best IR Professional was established based on more than 500 votes, and will be announced during AR&IR Gala from November 25th.
Daniela Șerban, ARIR President: “Investor Relations is not only a profession, is a state of mind, a driving force to excellency in communicating with investors. Every investors’ meeting is a test of company’s credibility in front of those who put trust, money and time in a team that manage the listed company. ARIR is proud to have made possible such a collaboration, promoting the Romanian capital market and our best professionals.”
Amani Korayeim, Director, All-EMEA Sales and Product Development – II and Extel Research:
“Institutional Investor Research is delighted to support ARIR on its first annual ceremony to determine Best in class in IR and provide an independent benchmark for the Romanian issuer market. The event is an important milestone for the young, but ambitious and professional organization. We are excited about the change ARIR will drive in its home market.”
The research was conducted from 11th of March to 12th of April 2019. The companies voted through Extel platform are those that had meetings with institutional investors, without being limited to the ones registered in the platform. The investment funds (Fondul Proprietatea and the five Financial Investment Companies – SIFs) were not included in the analysis. Over the last two decades, Extel has become instrumental in setting an industry standard by which excellence and performance of investment professionals and corporate issuers is independently and objectively measured.
AR&IR Gala is organized with the support of our partners: ALRO (one of the largest vertically integrated aluminum producers in Europe, ARIR Founding member), Bucharest Stock Exchange (organizes and manages the regulated markets of financial instruments, ARIR Founding member), Electrica (key player in the electricity distribution and supply market in Romania, ARIR Associate member), Purcari (one of the leading wine producers in CEE) and TeraPlast (parent company of TeraPlast Group, the largest Romanian producer of construction materials, ARIR Founding member). Media partners of the event are: Financial Intelligence, JURIDICE.ro, Investors Club. Monitoring partner is Klarmedia.
About Romanian Investor Relations Association (ARIR):
ARIR is a non-governmental and non-profit organization that was set-up to provide current and potential issuers a platform for the development of Investor Relations (IR) professionals and contribute to the implementation of best practices in investor communication and corporate governance. It was established in November 2018 and has as members listed companies, companies with potential to become listed companies, fund managers, IR professionals as well as consultants. The founding members are BVB, ALRO, Electromagnetica, Franklin Templeton Management – Bucharest Branch, Hidroelectrica, Nuclearelectrica, Teraplast, Transelectrica, Daniela Șerban, Cosmin Răduță and Tony Romani, while Electrica, OMV Petrom and Antibiotice joined as Associate Members and INNOVA Project Consulting as Affiliate Member.