ARIR, the promoter of the Investor Relations (IR) concept, has announced the results of VEKTOR by ARIR 2024, the indicator that assesses investor communication for listed companies.
On the Main Market, out of 81 evaluated companies, 21 companies achieved a VEKTOR by ARIR score of 10 based on a methodology comprising 10 criteria assessing transparency, proactive investor communication, and corporate governance. For AeRO market companies, 5 out of 35 evaluated companies included in the BETAeRO index achieved a VEKTOR by ARIR score of 10 for investor communication, based on an adapted methodology, which includes 11 criteria.
The indicator will also be extended to the companies that issued bonds starting 2025.
In 2024, VEKTOR by ARIR 10 was achieved by the following companies listed on the Main Market: Antibiotice; AQUILA; AROBS Transilvania Software; Banca Transilvania; BRD; Digi Communications; Electrica; Farmaceutica REMEDIA; Hidroelectrica; IMPACT Developer & Contractor; MedLife; OMV Petrom; One United Properties; Purcari; Nuclearelectrica; Roca Industry; Romgaz; Sphera Franchise Group; TeraPlast; Transgaz; Transilvania Investments.
VEKTOR by ARIR 9 was achieved by two companies: ALRO; Safetech Innovation.
On the AeRO Market, VEKTOR by ARIR 10 was achieved by the following companies: 2B Intelligent Soft; Arctic Stream; DN AGRAR Group; Norofert; Simtel Team.
VEKTOR by ARIR 9.5 was achieved by one company: SIPEX.
VEKTOR by ARIR 9 was achieved by the companies Holde Agri Invest; Meta Estate Trust.
The average VEKTOR by ARIR score for all Main Market companies is 4.1, up from 4 in 2023. For the companies included in the Premium Category , the average score is 7.7, slightly lower than the score 7.8 registered in 2023. Regarding the companies included in the BET index, the average VEKTOR by ARIR score has increased to 9.5, compared to 9.1 in 2023. The average of the VEKTOR by ARIR indicator for companies included in BETAeRO is 5.3 compared with 5 in 2023.
The VEKTOR by ARIR evaluation has been conducted annually since 2019. Since 2022, the indicator has been extended to companies included in the BETAeRO index. The VEKTOR by ARIR results are audited annually by Forvis Mazars Romania.