Bucharest, February 28th, 2023 – ARIR (The Romanian Investor Relations Association), the promoter of the Investor Relations (IR) concept, is glad to announce that the law firm Dentons Romania, has joined ARIR as an Affiliate Member to support the development of the capital markets. Dentons is the world’s largest global law firm with over 21,000 professionals – including over 12,400 lawyers in over 200 locations in more than 80 countries. Dentons’ Bucharest office has more 50 Romanian, UK and US qualified lawyers, specialized in various practice areas.
Loredana Chitu, Dentons Partner, Head of Capital Markets in Romania:
“We are honoured to join ARIR and to work closely with other members of this community to contribute to the development of the capital markets sector locally, as Dentons is amongst the market leaders in this practice area.”
Daniela Șerban, ARIR President and Co-Founder:
“Expanding the interest of our collaborating partners from the capital markets and attracting a new affiliate member, Dentons, strengthens our community and our involvement in new projects. ARIR is the first platform for education, interaction and advocacy in the field of Investor Relations in Romania and is dedicated to the issues of listed companies or companies interested in listing on the stock exchange, which brings validated standards worldwide to the local market.”
Founded at the initiative of Daniela Șerban in November 2018, together with the Bucharest Stock Exchange among the Founding Members, ARIR has quickly become one of the most active communities of the capital market, and the interest of the issuers to be part of the community has increased year after year, from 12 members to almost 40 members four years later. At the forum from June 17th, 2022, ARIR set its agenda of legislative priorities for the next 3 years, which would actively contribute to the development of the capital market. These are:
- Attractiveness: Shorten by half the duration of the capital increase operations and of other corporate operations for the listed companies is a desideratum of ARIR’s community;
- Efficiency: Reduce the bureaucracy for shares and bonds issuers, as well as streamline inter-institutional dialogue to unify the reporting platforms and avoid duplication of the financial and non-financial reporting;
- Relevance: Reflect the role of the capital market as a financier of the economy in the government programs, strategies and policies, attract new issuers to the Bucharest Stock Exchange from the SMEs with the potential to develop and scale the business, attract new individual investors through financial education.
During its 25 years of activity in Romania, Dentons has been involved in some of the most important transactions in the market, advising both local and international companies in various industries. The team continues to be involved in complex, cross-border and high-value capital markets transactions, both debt and equity.
Dentons’ lawyers in Bucharest provide clients with full scope business law advice, including Banking and Finance; Capital Markets; Corporate and M&A; Real Estate; Competition and Antitrust; Litigation and Dispute Resolution; Compliance and Investigations; Employment and Labor; Public Law and Regulatory; Restructuring, Insolvency and Bankruptcy; Intellectual Property, Technology and Data. The team covers a wide range of sectors such as Financial Services, Energy, Real Estate, Agriculture, Technology, Media, Telecommunications (TMT), Life Sciences and Healthcare, etc.
About The Romanian Investor Relations Association (ARIR):
ARIR is the promoter of the Investor Relations (IR) concept in Romania and believes 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 established at the initiative of Daniela Șerban, in November 2018, together with the founding members: The Bucharest Stock Exchange, ALRO, Electromagnetica, Franklin Templeton Management – București, Hidroelectrica, Nuclearelectrica, Teraplast, Transelectrica and Tony Romani. The community was joined by: Electrica, OMV Petrom, Antibiotice, Purcari, Idea Bank, BRK Financial Group, Banca Transilvania, Transgaz, MedLife, Romcarbon, Farmaceutica REMEDIA, Autonom, IMPACT Developer & Contractor, 2Performant, One United Properties, Transport Trade Services, Patria Bank, Connections Consult, BRD – Groupe Société Générale, Rompetrol and Agista as Associate Members INNOVA Project Consulting, ENVISIA, RTPR, Mazars and Marsh Broker de Asigurare – Reasigurare and Dentons became Affiliate Members.
ARIR members are among the largest companies in Romania, which have in common the desire to implement the best practices of transparency, communication with investors and corporate governance.