The Bucharest Stock Exchange (BVB) recorded declines of almost 3% across nearly all indices on Thursday's session, around 12:50 PM, with transactions totaling 2.63 billion lei (529.8 million euros).The main BET index, which tracks the performance of the 16 most liquid companies, was down 2.75%, reaching 16,300.37 points, while the BET-Plus index, which tracks the 37 most liquid stocks at BVB, decreased 2.68%.At the same time, the extended blue-chip BET-XT index, which tracks the 25 most liquid titles, lost 2.50%, and the investment fund performance benchmark, BET-BK, depreciated 2.93%.The BET-FI index, representing SIFs, was down 1.35%.The BET-NG index, which includes the 10 companies in the energy and utilities sectors, dropped 2.37%.Prime Minister Marcel Ciolacu announced on Thursday, via his Facebook page, that PSD is withdrawing from the discussions for forming the Executive and will vote in Parliament for a right-wing government.
Renowned Romanian author Mircea Cărtărescu will tour the United Kingdom from November 18 to 20 to mark the publication of the English edition of his novel Blinding: The Left Wing, released by Penguin Books. The volume, translated by Sean Cotter, is the first part of Cărtărescu’s acclaimed Blinding trilogy. The tour, organized by Penguin Books […]
Ahold Delhaize, the owner of the local supermarket chains Mega Image and Profi, has appointed Xavier Piesvaux as country manager for Romania beginning January 1, 2025. Piesvaux, who was brand president of Mega Image from 2006 to 2015, will return to the country, where he will oversee the expansion of the company’s local brands Mega […]
Timișoara, Bucharest, and Cluj-Napoca occupy the top three positions in the “Perfect City 2026” ranking conducted by the Bucureștiul Meu website. The study, which analyzed the quality of life in 17 Romanian municipalities, took into account seven criteria: infrastructure, the medical system, air quality, access to nature, cultural activities, relative salary, and the financial index. […]
Cargus, one of Romania’s leading courier companies, recorded a 15% rise in delivery volumes over the Black Friday weekend, 7-10 November, compared to the same period in 2024. In total, the company delivered almost half a million parcels per day nationwide. These results confirm the positive trend of the e-commerce market and highlight Cargus’s strong […]
Romanian authorities carried out preventive evacuations in the village of Plauru in Tulcea county early Monday, November 17, after a drone attack on the Ukrainian port of Izmail ignited a liquefied petroleum gas (LPG) vessel located close to the Romanian border, officials said. The fire, triggered during overnight strikes by Russian forces on targets near […]
Two new polls by survey companies CURS and AtlasIntel show an extremely tight race for Bucharest general mayor, a position left vacant after former mayor Nicusor Dan became president of Romania earlier this year. Social Democrat (PSD) candidate Daniel Băluţă tops the CURS poll, with 27%, followed by center-right candidates Ciprian Ciucu (National Liberal Party […]
