The Romanian Investor Relations Association (ARIR) is delighted to announce that BRK Financial Group (BVB: BRK), one of the largest brokerage companies in Romania, becomes Associate Member of ARIR. The company is recognized for its activity of over 20 years in the Romanian capital market, listing of the first 11 out of 12 companies on the Bucharest Stock Exchange, the preparation and the admission to trading of over 45 companies and innovation in addressing financial investment services, for both retail and institutional clients.
Nicolae Gherguș, BoD President, BRK Financial Group: “We appreciate ARIR’s initiative to become a relational hub and a forum for companies and investors present on the Romanian capital market and our collaboration aims to increase the complexity of the Association and the mutual exchange of know-how in the field of corporate governance and investor-issuer relations. We will try to transfer from our experience and from the unique perspective of an investment firm, intermediary and issuer to the other members. The great benefit for us will certainly be the transfer, both to us and our investors, of the experience and perspective of the issuers regarding the market and the relation with investors.”
Daniela Șerban, ARIR President & Co-Founder: „We are confident that through the association with BRK Financial Group the best practices in investor relations will be transmitted from early stages, including to companies that are interested in listing on the Stock Exchange, once they are implemented by BRK. Thus, ARIR expands its area of interest and its involvement with each new member that enters the community. In the recent months, top players from different sectors of the economy joined us, listed companies that want to be recognized for transparency and social responsibility, better corporate governance.”
BRK Financial Group offers brokerage services for clients, market-making and liquidity services for issuers, as well as margin lending services for investors. In terms of the investment activities, BRK is the only issuer in Romania of structured products, and regarding the investments in its own name, they are oriented towards listed financial instruments but also towards start-ups from the technology area, and represent the company’s development engine. BRK Financial Group is Founding member of Bucharest Stock Exchange, Founding Member of Central Counterparty, in process of authorization, and shareholder of Investors Compensation Fund (Fondul de Compensare a Investitorilor). Also, it is the first retail broker that listed on Bucharest Stock Exchange structured products having as underlying asset the Dow Jones Industrial Average index.
BRK Financial Group joins an elite group of companies, members of the Association, such as Bucharest Stock Exchange, ALRO, Antibiotice, Electrica, Electromagnetica, Franklin Templeton – București, Hidroelectrica, Idea Bank, Nuclearelectrica, OMV Petrom, Purcari, TeraPlast and Transelectrica.
ARIR members have access to exclusive content for the implementation of best practices in Investor Relations and Corporate Governance, and trainings tailored to their needs and IR objectives, participate at projects aimed to develop the capital market. In ARIR are invited to join: as Associate Members – listed companies, pre-IPO or bond issuers, as Affiliate Members – other companies than the listed ones, pre-IPO or bond issuers, and as Professional Members – individuals with experience in investor relations.
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, Antibiotice, Purcari and Idea Bank joined as Associate Members and INNOVA Project Consulting as Affiliate Member.