In early October, a delegation of business leaders and investors from Ireland visited Nasdaq Stockholm to discuss potential listing opportunities and to meet with members of the local business community. Nasdaq’s Nordic markets has seen an exceptional inflow of new listings in recent years, and the trip was made to further position Nasdaq’s Nordic exchanges as a financing alternative for growing, Irish companies.
Nasdaq First North – Nasdaq’s European growth market specifically designed for small and medium sized companies – has been the most active market in Europe for several years. This has created a ripple effect in the sense that non-Nordic issuers have shown an increased interest in leveraging the active IPO market and strong investor base in the northern parts of Europe.
In March 2018, Irish software company Zutec successfully listed on Nasdaq First North in Stockholm and the pipeline of Irish firms looking to list in Sweden’s capital is building up. Watch the clip in Sweden’s financial daily Dagens Industri, where Dympna Hayes (Ireland’s Ambassador to Sweden) and Enda O’Coineen (Investor) discuss the key drivers behind this.
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