The FINANCIAL -- London Stock Exchange Group on December 10 welcomes a further 20 European companies to ELITE, its innovative support programme for inspiring growth businesses. This comes a month after 41 new businesses from the UK and Italy joined the programme.
New companies from France, Greece, Romania and Russia are among those to become part of the ELITE community, representing a diverse range of sectors including food retailers, manufacturers and software and computers services firms. This brings the total number of companies since ELITE was launched in 2012 to more than 320, generating over €30 billion in combined revenues and accounting for over 120,000 jobs across Europe. 128 companies have joined the programme so far this year, according to London Stock Exchange.
Designed to help businesses prepare and structure for their next stage of growth, ELITE facilitates company access to a full range of funding options; increase company profile and visibility; promote relationships and opportunities with potential investors; and support management best practice and entrepreneurship.
Raffaele Jerusalmi, CEO, Borsa Italiana and Director of Capital Markets, London Stock Exchange Group said: “ELITE is playing a significant role in supporting Europe’s best, brightest and fastest growing businesses, driving their individual growth and collectively, the economic prosperity of Europe.
“We warmly welcome the new companies and look forward to continuing to develop the ELITE programme, a community where Europe’s ambitious businesses can come together and thrive.”
A recent partnership agreement between ELITE and UniCredit, the Italian global banking and financial services company, with a strong presence in Central and Eastern Europe (CEE), has resulted in close collaboration between the two parties in attracting new companies, specifically from CEE countries, to ELITE.