IT firms can hold IPO in Moscow Exchange innovations sector in Apr - Engineering & Hi-Tech - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

IT firms can hold IPO in Moscow Exchange innovations sector in Apr

MOSCOW, Feb 1 (PRIME) -- Companies of the IT industry can hold initial public offerings (IPOs) already in April in the innovations and investments sector of the Moscow Exchange, Gennady Margolit, executive director for the innovations and investments market at the bourse, said on Thursday.

УWe work with high-technology companiesЕIt is the innovations and investment market, and it is probably more prepared if we mean the IPOs, shares. A whole range of prerequisites is present, including the fact that the government is working on expansion of tax allowances. There is a joint working group for preparation of companies to enter the bourse,Ф Margolit said.

It is important to have one or two technological deals with IT companies, because others are waiting and will closely watch the first offerings.

УWe have a joint project with the Economic Development Ministry where weТll chose 10Ц15 companies, probably, in MarchЦApril, which are at a serious stage of readiness and it will be a significant pipeline (a list of deals in work),Ф he said.

End

01.02.2018 17:51
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 69.6341 -0.1746 23 feb
USD 56.7608 +0.1071 23 feb
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1301.01 +0.76 18:50 22 feb
micex 2336.82 +0.71 18:50 22 feb
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 145.97 +1.37 18:49 22 feb
lkoh 3836.00 +0.72 18:49 22 feb
rosn 337.30 +1.14 18:49 22 feb
sber 277.49 -0.61 18:49 22 feb
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 69.7325 -0.0175 14:59 22 feb
USDTD 56.6200 +0.0250 17:44 22 feb