EU regulations stifling small company financing

Two of Europe’s biggest industrialists told the Financial Times EU regulatory requirements are stifling the development of small companies into big businesses.

Anders Nyrén and Börje Ekholm said that instead of expanding, small firms are selling to larger companies because of equity financing roadblocks.

“ ‘The more we regulate and are forced to regulate because of governance coming from the EU, we are creating an administrative burden for smaller companies that want to list and access financing through the equity market,” Mr Nyrén said. ‘That incentive is less and less today and that’s a danger not only for Sweden but for the whole of Europe,’ ” the report says.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.