Central European exchanges combine to form new group

The Vienna, Budapest, Llubjana and Prague stock exchanges have joined forces to create the Central and Eastern European Stock Exchange Group (Ceeseg). The entity has launched two new indexes.

“Following acquisitions of majority stakes in the exchanges of Budapest, Ljubljana and Prague last year, the deepening of our existing alliance by creating a family brand was a logical move,” says Michael Buhl, chief executive of the Vienna Stock Exchange. The four exchanges represent two-thirds of all