Bucharest, July 3, 2023 – ARIR (Romanian Association for Investor Relations), the promoter of the Investor Relations (IR) concept, announces that AQUILA, symbol AQ, becomes an Associate Member of ARIR. AQUILA is the market leader in the field of integrated distribution and logistics services for consumer goods, in Romania and the Republic of Moldova, with almost 30 years of experience in this industry, listed on the Bucharest Stock Exchange since November 2021.
Jean Dumitrescu, Investor Relations Director, AQUILA:
“We are listed for approximately one and a half years and we committed to gradually implementing tools that ensure easy access for investors and stakeholders to relevant information about our company, aiming for a fair value of our shares. We started as an entrepreneurial business, became a leader in our industry, and we intend to continue our development, the active presence in the capital market being essential to our plans. Shortly after listing, we were included in the BET index, the main index of the Bucharest Stock Exchange, and later in the FTSE Russell Global Micro Cap index, dedicated to emerging markets. We are joining ARIR for a new step in consolidating our Investor Relations activities, and we are confident that, together with the members of the community, we can contribute to the development of the capital market.”
Daniela Șerban, President and Co-founder, ARIR:
“The increasing interest of companies in the ARIR community, which will celebrate its 5th anniversary this year, confirms our role as the voice of the listed companies and motivates our involvement in new projects. ARIR is the first platform for education, interaction, and advocacy in the field of Investor Relations in Romania, bringing internationally validated standards to the market. Nearly all companies in the BET index are members of our community, and we are delighted by the involvement and representation of the most active companies listed on the Bucharest Stock Exchange.”
AQUILA operates in Romania and the Republic of Moldova, with an integrated business model, with activity in the following business segments: distribution, logistics, and transport. AQUILA sells consumer goods in over 67,000 points of sale across all FMCG retail channels, covering over 90% of the market. The company obtained the maximum score, 10, in the VEKTOR evaluation carried out by the Romanian Investor Relations Association – ARIR, based on 12 criteria regarding corporate governance and communication with investors.
ARIR members are among the largest companies in Romania, which share the objective of implementing best practices of transparency, investor communication and corporate governance.
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About the Romanian Investor Relations Association (ARIR):
ARIR is the promoter of the Investor Relations (IR) concept in Romania and we believe that by following standards of transparency, corporate governance and proactivity in communicating with investors, our members will benefit from added value, attract funding more easily, have the reputation and trust necessary for the continued development of their business.
The Romanian Investor Relations Association – ARIR was founded at the initiative of Daniela Serban in November 2018 together with the founding members: Bucharest Stock Exchange (BVB), ALRO, Electromagnetica, Franklin Templeton Management – Bucharest, Hidroelectrica, Nuclearelectrica, Teraplast, Transelectrica and Tony Romani. The following companies have joined the community: Electrica, OMV Petrom, Antibiotice, Purcari, Idea Bank, BRK Financial Group, Banca Transilvania, Transgaz, MedLife, Romcarbon, Farmaceutica REMEDIA, Autonom, IMPACT Developer & Contractor, One United Properties, Transport Trade Services, Patria Bank, Connections Consult, BRD – Groupe Société Générale, Rompetrol, Agista and Mecanica Fină as Associate Members. INNOVA Project Consulting, ENVISIA, RTPR, Mazars, Marsh Broker for Insurance – Reinsurance and Dentons became Affiliated Members.
More information about ARIR: www.ir-romania.ro .