AS Latvijas balzams in accordance with NASDAQ OMX Baltic Exchanges is among those companies that have the Best Investor Relations in the Baltic Region
Tallinn, Riga, Vilnius, January 26, 2011 – NASDAQ OMX Baltic, part of the NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), at a special live broadcast ceremony announced the winners of the Baltic Market Awards 2011, recognizing the best practices in the Baltic securities market.
AS Latvijas balzams is among those companies in the Baltics that have the best investor relations. In 2011 the company was ranked second in the Baltics as the one with the most rapid improvement in the quality of investor relations. The analysis of company revealed that AS Latvijas balzams Investors Relations over the year has increased by 13 points.
“I’m happy to see there has been strong progress with respect both in quality of IR and in our Baltic members’ efforts,” said NASDAQ OMX CEO Bob Greifeld in a video message from New York. “NASDAQ OMX is committed to providing the best products and services in the industry that make easier for you to conduct business. In 2011, 87 companies raised more than 10 billion dollars in capital on NASDAQ OMX exchanges in Europe and in the United States. Together with our global clients and partners, we are providing efficient markets and solutions to help public companies fuel necessary economic growth in both developed and emerging markets--and clearly this includes the Baltics.”
"Good investor relations help companies grow. With more investors turning towards international markets to explore cross-border opportunities it is crucial for the Baltic companies to maintain high standard investor relations, as transparent and accountable companies build credibility, trust and interest among the financial community. It is encouraging to see as many as 26 Baltic companies improve quality of their investor relations during 2011," said Arminta Saladžienė, Head of Baltic Markets at NASDAQ OMX.
The most visible improvement over the year
1st: Premia Foods (+15.84 points)
2nd: Latvijas balzams (+12.94 points)
3rd: Šiaulių bankas (+7.80 points)
