Deloitte Romania in association with their affiliated law firm, Reff & Asociatii, have received the Bucharest Stock Exchange approval to act as Authorized Advisors for its new alternative trading system, AeRO which will be launched under a redesigned and reconstructed concept on February 25, 2015.

“We believe the new trading system will have a beneficial role for both the Romanian business environment and for the capital markets in general as it will help entrepreneurs looking for alternative financing at a time when access to traditional financing remains difficult,” commented Ahmed Hassan, Country Managing Partner Deloitte Romania, according to a press release.

Andrei Burz-Pinzaru, Head of Banking & Securities Practice in Reff & Asociatii added: “Many of our clients have clearly shown interest in the AeRo market. The new trading system offers them better opportunities to access the financial markets.”

Based on the BVB alternative trading venue existing since 2010, the AeRO market is the equity segment aimed at listing of early stage companies, start-ups and SMEs, offering them a mechanism to access the necessary capital for development and growth purposes.

The Authorized Advisor is going to support the issuers in attracting financing through the capital market, before their debut and during the listing process, as also on reporting and transparency requirements after the issuer’s debut. 

Reff & Asociatii SCA is the law firm affiliated to Deloitte Legal network present in 57 countries worldwide. In Romania, the firm counts almost 50 attorneys providing full business law services.