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Business Wire Focuses On Need for Proactive Investor Relations in Central European Conference Tour.


Business & International Editors

NEW YORK--(BUSINESS WIRE)--Nov. 3, 2000

Business Wire, in cooperation with the national stock exchanges and domestic news agencies, promoted the concept of corporate disclosure and investor communications in a series of well attended Central European investor relations Investor relations

The process by which the corporation communicates with its investors.
 conferences.

Several hundred attendees, representing listed companies and leading IR and PR agencies, attended conferences held in Warsaw and Prague. Neil Hershberg, Business Wire's vice president-global media, was the keynote speaker at both events, which attracted substantial local media coverage.

The conferences were co-sponsored by Business Wire's local news agency partners in these emerging markets, and the national stock exchanges.

PAP, the Polish News Agency, and the Warsaw Stock Exchange Warsaw Stock Exchange

The major securities market of Poland.
 jointly organized the Oct. 17 half-day conference, which included the local Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 and Bloomberg bureau chiefs, and Piotr Kaminski, the vice president of the Warsaw Exchange, among other prominent speakers.

The event, held on the floor of Warsaw's new exchange, was moderated by Roman Mlodkowski, Poland's leading business broadcast journalist. Segments were televised nationally on Telewizja TVN's leading business news program. News coverage of the conference was also carried on PAP's newswires and in other media outlets.

The Oct. 20 conference in Prague was co-sponsored by the Czech News Agency CTK CTK Christ The King (school; various locations)
CTK Ceská Tisková Kancelár (Czech News Agency)
CTK Composite Tool Kit
CTK Configuration Toolkit
CTK Chance to Kill (video games) 
 and the Prague Stock Exchange The Prague Stock Exchange or PSE (Czech: Burza cenných papírů Praha, a.s. or BCPP) is the main securities market organiser in the Czech Republic and currently (as of September 2005) the second biggest stock exchange in Central and Eastern Europe. . The event featured more than a half-dozen leading news editors and corporate executives, including Reuters' Prague bureau chief. Jana Bobosikova, one of the Czech Republic's leading television personalities, moderated the conference.

In addition to the Warsaw and Prague conferences, Hershberg also met with officials of the Budapest Stock Exchange Budapest Stock Exchange

Established in 1864, the major securities market of Hungary.
 and the executive staff of MTI MTI Ministry of Trade and Industry (Singapore)
MTI Metal Treating Institute
MTI Moving Target Indicator (radar)
MTI Magyar Távirati Iroda (news agency in Budapest, Hungary) 
, the Hungarian national news agency and Business Wire's local distribution partner.

"Our goal was to explain to publicly traded companies publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
 in these emerging markets how an effective information management program would enable them to tap the global equities markets," explained Hershberg.

"Many of these companies need to increase their visibility beyond their borders," Hershberg continued. "They need to take advantage of the same communications tools that U.S. companies use to convey their corporate message to appropriate news media and the worldwide financial community. Our objective is for these companies to be more active participants in the global information exchange."

Among the topics covered were the U.S. Securities and Exchange Commission's recent regulatory approval of Regulation FD, and the evolution of more stringent disclosure requirements in other European markets.

Business Wire, which has network access to more than two dozen national and international news agencies, is the global leader in news distribution. The Central European series is part of a project to increase the flow of corporate information worldwide.

About Business Wire

Founded in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  in 1961 by its president, Lorry I. Lokey, veteran journalist and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  executive, Business Wire delivers more news from more sources to more destinations than any other service in the world.

With content from more than 17,000 organizations, including major U.S. corporations, Fortune 1000 and NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 companies, Business Wire remains the fastest-growing and largest independent commercial news wire in the world.

The company electronically disseminates full-text news releases for public and investor relations professionals simultaneously to the news media, the Internet, online services and databases, and the investment community worldwide. Business Wire combines a brick-and-mortar foundation with the vision of an Internet company.

With 26 U.S. bureaus, Business Wire's headquarters is in San Francisco with an international hub in Brussels, Belgium and reciprocal offices throughout the world.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 3, 2000
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