Romanian entrepreneurs: Our business is more solid than the Bourse indicate
Principal shareholder in Banca Carpatica and the Atlassib transport company Ilie Carabulea says the downfall in the share prices do not affect his business in the least.
Fercala also says the decline on the Romanian stock exchange is rather the result of emotional causes than or facts.
Chairman of the Association of Romanian Business People (AOAR) Florin Pogonaru argues that the downfalls on the BVB are justified, because Romanian companies are generally small sized and the decline is connected to business positions.
According to Ziarul financiar, the largest decline rate were reported by Imotrust Arad (ARCV), 83%; Broker Cluj (BRK), 83%; Impact Developer (IMP), 80%; Constructii Transilvania (COTR), 78%; Turbomecanica of Bucharest (TBM), 76%, and Prospectiuni of Bucharest (PRSN), 70%.