In the two years of pandemic, the increase of the Romanian capital market expressed through the BET-TR total return index (which also includes dividends) was 55 percent, and 39 percent when expressed through the BET index, the Bucharest Stock Exchange (BVB) informs in a release.According to data reported by the Investor Compensation Fund at the end of 2021, over 80,000 Romanians are trading on the Romanian stock market.Stock Exchange representatives explain that the volatility that gripped the international capital markets in January continued in February, with stock indices closing the month in slightly negative territory."The anxiety of international investors, triggered early this year by central banks' announcements about the rise in the key interest rates and the uncertainties caused by the coronavirus pandemic, has intensified with the escalation of military tensions between Russia and Ukraine," the statement reads.According to BVB representatives, the Romanian capital market has proven to be particularly resilient to uncertainties and has brought significant potential gains to the investors who chose to place their savings in the financial instruments listed on the Bucharest Stock Exchange.BVB CEO Adrian Tanase said that one of the most important lessons we have learned individually and collectively from this pandemic is that the Romanian stock market has the capacity to withstand shocks.At the end of the first two months of this year, the total trading value on the BVB Regulated Market for all types of financial instruments was 3.75 billion RON, the equivalent of 760 million euros, up 66 percent compared to the same period last year. The average daily liquidity was 93.7 million RON, or 19 million euros.
Nhood, an integrated real estate services and solutions company present in 10 European countries, including Romania, has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. With nearly 20 years of experience in the real estate sector, Mihaela brings robust expertise in property management and leasing, operational […]
“Catane,” a dark comedy inspired by real events and directed by Ioana Mischie, is set to have its first special screenings in Romania after a successful festival circuit. The film had its world premiere at the IFFI Goa festival in India and was nominated this year at the Hollywood Music in Media Awards for Best […]
Romania is among the European countries where water reserves are decreasing at an alarming rate, according to an analysis carried out by researchers from University College London in collaboration with The Guardian and Watershed Investigations. Scientists analyzed data from the period 2002–2024 provided by satellites that monitor changes in the Earth's...
George Smyth, 18, went missing on a hike near Romania’s famous Bran Castle more than a week ago. On November 23, the British citizen started to suffer from hypothermia and exhaustion and called the emergency services. Trying to locate him, mountain rescue services conducted searches over the next few days but were only able to […]
Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week. The dam registered a drop in water levels, leading to problems in the water distribution system. […]
A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]
