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.
Google has released its annual report on Romania’s most popular search trends, showing how politics and pop culture shaped online behaviour in 2025. Queries about Nicușor Dan, Ion Iliescu, and the viral toy Labubu stood out among the fastest-rising searches of the year, alongside major entertainment moments and high-profile public events. The spring presidential election […]
Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
