The Bucharest Stock Exchange (BVB) opened Monday's trading session down on all indices, with turnover totaling 47.81 million RON (9.6 million EUR), after 35 minutes of trading.The main index BET, which shows the evolution of the 20 most liquid companies, registered a depreciation of 3.97%, while the BET-Plus index, which shows the evolution of the 43 most liquid shares of the BVB, registered a decrease of 4.10%.At the same time, the extended blue-chip index BET-XT of the top-liquid 25 issuers lost 4.12%, while the return benchmark index for stock investment funds BET-BK went down by 4.55%.The BET-FI index of the five financial investment companies opened down 3.67%, while the BET-NG index of 10 companies in the energy and utilities sector fell 3.45%.According to BVB data, COMCM (+8.15%) and Artego (+7.88%) recorded the highest increases in share value.On the other hand, the shares of Altur (-9.09%), Medlife (-8.44%) and Carbochim (-8.10%) were down. “We have to be concerned (due to the turbulence in the global markets – n.ed.), but not panic. For Romania, the bad part of such episodes of turbulence in the financial markets is that we are quite exposed, especially in light of the relatively high dependence on capital inflows to finance the budget deficit. A possible flight of capital to safer markets could leave us exposed in the short term,” Valentin Tataru, chief economist of ING Bank, told HotNews.ro. The Board of the National Bank of Romania (BNR) is scheduled to convene in a monetary policy meeting on August 7.
The 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]
Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR. The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]
A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]
Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report. Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]
Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]
Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion. The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]
