History

CEESEG - The CEE Stock Exchange Group at a glance

 

How it began
Wiener Börse AG, the company operating the Vienna Stock Exchange, acquired a majority stake in the Budapest Stock Exchange jointly with an Austrian banking consortium in 2004. The first cooperation project was started in 2005 in the area of data vending.

2008 – A crucial year 
Wiener Börse AG enlarged its network in Central and Eastern Europe by acquiring majority stakes in the stock exchanges of Ljubljana and Prague and thus building a strong alliance: Vienna – Budapest – Ljubljana – Prague.

2009 – Dynamic start
We commenced with joint activities as the CEE Stock Exchange Group (CEESEG).
Several short-term cooperation projects - such as the joint appearance at investor conferences and two Group indices - were already realized in 2009.

The next moves
We are now working on the implementation of several medium to long-term projects. 
Our main objective is to strengthen, advance and internationally position the capital markets of our member exchanges in CEE and to raise liquidity and trading volumes at all stock exchange of CEESEG.

Highlights and milestones in detail


24 March 2010
As of 24 March 2010, price data of the Prague Stock Exchange became available via the data feed of the Vienna Stock Exchange. The project of joint data dissemination of all CEESEG members thus has been fully completed.

14 January 2010
Since 14 January 2010, the stock exchanges of Budapest, Ljubljana, Prague and Vienna are equal subsidiaries of the holding company, CEESEG AG. The holding company is responsible for the strategic and financial management and the administration of the subsidiaries, while the business operations are taken care of by the four member exchanges.

17 December 2009
The decision on the establishment of a holding company was approved at the general shareholders’ meeting in December 2009.

5 November 2009
The Supervisory Board of Wiener Börse AG agreed on the establishment of a holding company that will act as an umbrella for the four member exchanges of CEESEG.

21 October 2009
On 21 October 2009, the first joint road show took place in Stockholm.

17 September 2009
The official starting date of the brand “CEE Stock Exchange Group” was 17 September. On the same day, two Group indices, the CEETX and the CEESEG Composite Index, were launched.

17 March 2009
In March 2009, the price data of the Ljubljana Stock Exchange became available via the data feed of the Vienna Stock Exchange.

7 November 2008
Wiener Börse AG won the tender for the acquisition of a stake of 92.74% in the Prague Stock Exchange.

20 June 2008
Wiener Börse AG acquired a stake of 81.01% in the Ljubljana Stock Exchange.

12 June 2008
Wiener Börse AG widened its investment in the Budapest Stock Exchange from 12.5% to 50.45%. The stake held jointly with Oesterreichische Kontrollbank remained 68.8 %.

21 November 2005
The integration of Budapest Stock Exchange data into the existing data feed of the Vienna Stock Exchange marked the start of the first cooperation project.

18 May 2004
With the acquisition of a stake of 12.5% in the Budapest Stock Exchange, Wiener Börse AG laid the cornerstone for a CEE stock exchange network. Together with an Austrian consortium, it holds 68.8%.