The Romanian stock market has reacted to the shock of the war in Ukraine, as it has around the world. However, the impact was smaller than the crisis generated by the outbreak of COVID 19 pandemic, and in the long term stock market indices have been on an upward trend. "Against the backdrop of political tensions between Russia and Ukraine, the evolution of the Romanian stock market deteriorated, but not to the same extent as in March 2020, when markets reacted to the economic and social uncertainties generated by the COVID-19 pandemic. Compared to the level recorded at the beginning of 2020, the Romanian stock market indices have had long-term upward developments, except for the two episodes of volatility in the financial markets caused by pandemics or the war in Ukraine", says the ASF Report on the evolution of the capital market in the first quarter of 2022. In the current inflationary context, unprecedented in the last 15 years, collective investment undertakings (CIUs) have opted for a recalibration of their investments, by increasing investments in equities at the expense of fixed-income forms of investment. "On the market as a whole, the consolidated investment structure of all collective investment undertakings indicates a preference for equities, whose total value is about 26.6 billion lei, reaching a share of about 56% of the total assets of UCIs. Investments in fixed-income financial instruments at the level of the whole market are worth 18 billion lei and represent about 37% of the total assets of UCIs. As of 31 March 2022, compared to the end of 2021, there is an increase in investments made in equities (0.22%) and a decrease in UCITS/AOPC securities (12%), bonds (11%), deposits and cash (2%) and government securities (16%)" highlights the analysis of the Financial Supervisory Authority. As regards the number and value of transactions on the Romanian capital market, there has also been an increase. As of 31 March 2022, Banca Transilvania (TLV) is in first place in the ranking of the most liquid companies whose shares were traded on the BVB on the main (Regulated) market, with a share of about 22% of the total value traded. OMV Petrom (SNP), BRD - Groupe Société Générale (BRD), Fondul Proprietatea (FP) and Medlife (M) ranked next in this top.
INVOLI, together with Vantage Towers Romania, proudly announces an enhanced strategic partnership aimed at transforming air traffic surveillance throughout Romania regional airports. This initiative marks a significant step in our joint commitment to advancing safety and operational efficiency across all levels of Romanian airspace. Partnership Overview Extended Collaboration: Building on the successful implementation of the […]
Emanuele Nicola Affaticati, a young boy of Romanian origin, will be given the recognition of "Alfiere della Repubblica" (Standard Bearer of the Republic) in Italy for preventing a murder. Emanuele lives in the town of Fiorenzuola D’Arda, in the Piacenza area. In December 2022, he foiled the plan of a man who intended to kill […]
The salaries in the local business services industry have seen a 4% increase in March 2024 compared to September 2023, according to the HR Barometer conducted by the Business Service Leaders Association (ABSL) and PwC Romania. Bucharest leads in salary increase levels at 4.7%, while the region of Banat - Transylvania witnessed an increase of only 2.1%. […]
Romania's Central Electoral Bureau recently published the definitive list of candidacies for the European Parliament elections. According to the BEC decision, 12 political formations and electoral alliances, as well as 4 independents, will participate in the European elections. The candidacies submitted by the Electoral Alliance of Social Democrats and Liberals (PSD-PNL), the United Right Alliance […]
Liberal (PNL) candidate for mayor of Bucharest, Sebastian Burduja, who recently presented his plan for the city, argued that the Romanian capital should strive to become a port on the Danube. The project was first envisioned roughly 170 years ago, in the 1850s, by the Romanian authorities at the time. "It's a project that I […]
Romania will host the third hydrogen bus roadshow this spring as part of the JIVE projects supported and funded by the Clean Hydrogen Partnership, followed by Greece, Bosnia Herzegovina, and Bulgaria. During the first JIVE project CEE roadshow, which ran between November 2022 and January 2023, the bus traveled across Slovenia, Croatia, Czechia, Slovakia, and […]
