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.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
