Market sources said both companies could bring important investors on the local stock market. Currently, WOOD & Company Financial Services is the only foreign brokerage company member of Bucharest Stock Exchange. Raiffeisen is already operating on the market, through its Raiffeisen Capital & Investment (RCI) branch, one of the top brokers on BVB. RCI brokered transactions worth some €250 million this year.
The top ten brokers control almost 60 percent of the market. 76 brokerage companies are operating in Romania. The most significant ones are owned by banks.
