Nuclearelectrica and OMV Petrom Leading in Terms of the Vektor Indicator

Romania’s major energy companies are listed on the stock exchange, this being an important criterion for credibility and transparency in relation to investors, customers or line of business. The project dedicated to Vektor indicator is unique in Europe and companies should listen more to what investors say.

The results of the first evaluation of listed companies’ communication with investors, Vektor indicator, show that Antibiotice, Banca Transilvania and Nuclearelectrica are the companies that have obtained the maximum score in terms of communication with investors, being followed by ALRO Slatina, Bursa de Valori Bucuresti, OMV Petrom, Electrica, Farmaceutica Remedia, Fondul Proprietatea and MedLife, according to

The research, which took one year, was based on a methodology that included 15 criteria, in line with the best international practices in relation to investors (IR). In this context, 78 companies were evaluated, which received a score from 0 (low communication) to 10 (excellent communication). Most companies have fulfilled the Criterion 2 (57 companies), which refers to the availability of contact details for the Investor Relations team and Criterion 12 (50 companies), which refers to the provision of information about the price of shares in the issuer’s website.

The methodology was developed by ARIR members, financial analysts, IR professionals, consultants and professors. It will be reviewed annually in March, but changes in the indicator can be made continuously, at the request of companies. The evaluation process was reviewed in January by Mazars, one of the largest audit and consulting companies in the world, present in 89 countries and territories, with an experience of 25 years on the Romanian market.

ARIR is a non-governmental and non-profit organization that was set-up in November 2018 to provide current and potential issuers a platform for the development of Investor Relations professionals and contribute to the implementation of best practices in investor communication and corporate governance.

Read more HERE




Please enter your comment!
Please enter your name here

four × five =