Romania’s stock market is recording one of the biggest gains in Europe, and investors are optimistic about the continuation of the trend, as more companies are expected to list on the stock exchange, reports Bloomberg. The BET index had a return of almost 40%, in dollars, in the last 12 months, the fifth best performance among the more than 90 stock indices tracked by Bloomberg. Even after the decline in August, the BET index is close to its all-time high, having risen in 13 of the last 15 months. The initial public offering, in the amount of 1.8 billion dollars, carried out last year by Hidroelectrica SA brought even more foreign investors to Romania. This also helped to revive the interest of local investors in the stock market, boosting valuations and the volume of transactions, even if the latter remains low compared to international standards. Although the growth rate of the Romanian economy has slowed down, estimates point to a recovery, thanks to interest rate cuts and the moderation of price increases. The improvement of macroeconomic perspectives adds to the bets that the capital market in Romania will be improved by MSCI, possibly even next year, to the status of an emerging market, from the current state of the frontier market.
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to a report by real estate consulting company Cushman & Wakefield Echinox. The figures for Q3 2024 reveal that 164,000 square meters were contracted, a […]
Dutch classical music star André Rieu will return to Romania for two concerts at BTarena in Cluj-Napoca on November 13 and 14, 2025. Rieu’s concerts in Romania, where he enjoys a high degree of popularity, have set multiple attendance records. In 2015 and 2016, he performed nine sold-out shows in Bucharest’s Constitution Square for over […]
Till Lindemann, the frontman of famous German rock band Rammstein, will embark on his "Meine Welt" tour across European arenas in the fall of 2025. Among his stops he is scheduled to perform in Romania on December 4, 2025, at Romexpo in Bucharest, as announced on his official website. The "Meine Welt" tour will take […]
HR Summit, one of the most important events dedicated to the human resources industry in Transylvania, will take place under the theme Shifting Priorities: Talent, Technology, and Trust, on Friday, November 22, at Radisson Blu Hotel in Cluj-Napoca. This year's edition of HR Summit focuses on leadership, employee well-being, the introduction of innovative...
Fourteen Central and Eastern European startups (CEE) have been selected for the first edition of the Impact Creators accelerator, Impact Hub Bucharest and PurposeTech announced. The application period attracted 133 proposals from 18 countries. The startups will participate in an intensive program to accelerate their businesses, which will end with a Pitch Day. The most […]
The immersive art museum MINA Cluj will host a special event featuring Dumitru Prunariu, the only Romanian who flew in space. Scheduled for November 24, the event will give the public the opportunity to hear the stories directly from the one who represented Romania in the Soyuz 40 mission in 1981, carried out as part […]
