The Bucharest Stock Exchange-BVB celebrated its 11th anniversary with a series of awards to various institutions and people at the Capital Market Gala on Monday evening. The SIF Oltenia fund, the Transylvania Bank and the World Bank each received an award in a ceremony co-hosted by Dan paul, head of the Romanian Brokers Association.

The exellence prize went to SIF Oltenia, which reported the highest profit among financial investment companies so far this year - 36.4 million euro in the first nine months of 2006.

Transylvania Bank was seen as the most dynamic institution, while the award for most appreciated public offer went to Transelectrica.

Andrei Siminel, the head of electronic exchange Rasdaq, also received an award for excellence in capital market-related activities, while ex-Finance minister Ionut Popescu received an award for promoting favorable legislation for the development of the capital market.