Five years after launching operations, the Warsaw Stock Exchange's alternative market, NewConnect, has 413 companies listed. Among them foreign investors were for a long time scarce, accounting for 3 percent of turnover until H1, 2012 when it jumped to 12 percent.
According to WSE CEO Ludwik Sobolewski, NewConnect is the most dynamically developing alternative market in Europe. "Thanks to this market over 400 companies got zł.2.5 billion for further growth. It is no longer just recognized all over the world but it is becoming inspiration for big stock markets to create similar platforms," Mr. Sobolewski told daily Parkiet.
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