Marius and Emil Cristescu, who own companies with total capitalisation worth 153m euros on RASDAQ, plan to transfer them to the regulated market of the Bucharest Stock Exchange (BSE) to the end of being able to profit from funding through the capital market at the right time. "RASDAQ market will be dissolved in two months, and CNVM will make us choose between floating the companies on the Stock Exchange or on the ATS system, and we chose the Stock Exchange. The benefit of Stock Exchange listing is that at a certain time you can raise funding, because this crisis will last for a year, two at most and after that companies will need money to expand, as they'll have to fill in the market share left by bankrupt companies. In one year investors' sentiment will change completely and we want to be ready for the moment when we need to raise cash from the Stock Exchange. Funding through IPOs has a future," says Marius Cristescu, owner of Bega group. Major companies of Bega group owned by the two businessmen of Timisoara, namely Foraj Sonde Craiova (FOSB), a top player on the Romanian drilling market, and Bega Turism Timisoara (SCDE), set to open a five-star hotel complex this year, are currently listed on RASDAQ.

Marius and Emil Cristescu, who own companies with total capitalisation worth 153m euros on RASDAQ, plan to transfer them to the regulated market of the Bucharest Stock Exchange (BSE) to the end of being able to profit from funding through the capital market at the right time. "RASDAQ market will be dissolved in two months, and CNVM will make us choose between floating the companies on the Stock Exchange or on the ATS system, and we chose the Stock Exchange. The benefit of Stock Exchange listing is that at a certain time you can raise funding, because this crisis will last for a year, two at most and after that companies will need money to expand, as they'll