Varaždin Stock Exchange
Encyclopedia
The Varaždin Stock Exchange or VSE was a stock exchange
which operated in Varaždin
, Croatia
. According to January 2007 issue of Investitor, its market capitalization
at the beginning of 2007 amounted to 9.8 billion euro
. The VSE was merged into the Zagreb Stock Exchange
in March 2007.
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
which operated in Varaždin
Varaždin
Varaždin is a city in north Croatia, north of Zagreb on the highway A4. The total population is 47,055, with 38,746 on of the city settlement itself . The centre of Varaždin county is located near the Drava river, at...
, Croatia
Croatia
Croatia , officially the Republic of Croatia , is a unitary democratic parliamentary republic in Europe at the crossroads of the Mitteleuropa, the Balkans, and the Mediterranean. Its capital and largest city is Zagreb. The country is divided into 20 counties and the city of Zagreb. Croatia covers ...
. According to January 2007 issue of Investitor, its market capitalization
Market capitalization
Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company...
at the beginning of 2007 amounted to 9.8 billion euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
. The VSE was merged into the Zagreb Stock Exchange
Zagreb Stock Exchange
The Zagreb Stock Exchange or ZSE is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills....
in March 2007.