Ludwik Sobolewski, the Bucharest bourse's chief executive, answers questions during an interview with Reuters in Bucharest November 12, 2013. Romania's initial public offerings of state-controlled ... more 
Ludwik Sobolewski, the Bucharest bourse's chief executive, answers questions during an interview with Reuters in Bucharest November 12, 2013. Romania's initial public offerings of state-controlled energy majors Romgaz and Nuclearelectrica will boost liquidity on the country's stock exchange that is in dire need of reform to lure investors, its chief executive said. The Bucharest Stock Exchange is one of the least developed emerging European markets - with just over 80 listed firms and a capitalisation of roughly 27 billion euros - only a fraction of Poland's, the region's biggest. Foreign investment on the bourse has long been stifled by scarcity of offerings and tight regulations that are "almost prohibitive," Sobolewski told Reuters. REUTERS/Bogdan Cristel (ROMANIA - Tags: BUSINESS COMMODITIES ENERGY) less 
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Reuters | Photo By BOGDAN CRISTEL / REUTERS
Tue, Nov 12, 2013 9:20 AM EST