About 180,000 investors were at the Bucharest Stock Exchange (BVB) at the end of last year, an increase of 50% compared to the previous year, 20% being investors in government bonds, and about 15,000 entered with the listing of Hidroelectrica, stated on Wednesday Cosmin Paunescu, head of the Prudential Supervision Service within the Financial Supervision Authority (ASF)."We ended 2023 with 180,000 investors, according to the Investor Compensation Fund, an impressive increase, from 120,000 investors a year earlier. About 20% are in government bonds and around 15,000 entered together with Hidroelectrica," Paunescu told the "Investor Forum - 2024: Challenges and opportunities of the year", organized by Bursa newspaper.According to him, the number of active investors was 80,000 at the end of last year, compared to 40,000 investors the previous year. He explained that active investors are those who made at least one transaction every six months."The interest is increasing, even if it comes on the side of ETFs [exchange-traded funds] or on the side of government bonds, which are a very flexible investment instrument and offer very good returns, even better than banks," Cosmin Paunescu also said.He emphasized that government securities represent an important contribution of the Ministry of Finance for the development of the BVB and, once investors enter government securities, they will also be attracted to other financial instruments.
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
