Too Much, Too Late
When Newex was set up as a trading platform in 2000, it was hoped investment into Eastern Europe would again flow through Vienna. it was established in the right place but at the wrong time, say Robert Leuthner and Tassilo Wallentin
Newex, the New European Exchange, established as a joint venture of Deutsche Borse AG and Wiener Borse AG, commenced trading in Vienna on 3 November, 2000. Newex was set up to become the central, euro-denominated trading and financing platform for companies from Central and Eastern Europe (CEE).
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