* The head of the OPSPI: "I hope that the listing program will not be affected"
* The president of the BSE: "The Bucharest Stock Exchange is an entity that works"
The tensions within the BSE which came out through the dismissal of Chairman Victor Cionga, could affect the perception of our stock market and could even endanger the schedule of public listings which was agreed with the IMF, and which was already late.
On Thursday night, the Board of the Bucharest Stock Exchange has decided to end the term of CEO Victor Cionga, after assessing his first six months of activity.
Gabriel Dumitraşcu, the head of the Office for the State's Interests and Industrial Privatization (OPSPI), told us that dismissing Victor Cionga wasn't good, given the context of the listings of the state owned companies in the energy sector.
"I hope that the announced listing schedule will not be affected. I will review the situation and the impact together with the intermediaries and the consultants of the listings", he said.
* Remus Vulpescu: "Perhaps the Romanian state should become a shareholder in a stock exchange as well, just like other countries"
Remus Vulpescu, the receiver of Hidroelectrica and former head of the OPSPI, does not believe that the dismissal of Victor Cionga should be a cause for concern over the privatization schedule. He said: "The administrative changes should not affect the way the stock exchanges operate in their relationship with issuers and investors. The dysfunctionalities of the stock exchanges, big or small, can't be blamed on the state. The reinvigoration of the Romanian stock exchanges, can't be made the responsibility of the state alone, either. There are success examples in Central and Eastern Europe, where the governments have consolidated the stock exchanges, and the stock market has developed better than in Romania