The capital market in Romania continues its expansion at a lower pace than in 2021,due to the economic and geopolitical uncertainties, according to the report ‘ Multiples of valuation of companies listed on the Bucharest stock Exchange’ made by PwC Romania. According to the quoted source, the capitalization of the companies listed on the Bucharest Stock Exchange (BVB) got to 229 billion lei at the end of the first quarter of 2022, with 20% over the level reached in the similar period of last year, but under the level on 31st December 2021. In 2021, the local market of capital established a record as regards capitalisation, this growing with over 50% and getting to 249 billion lei (50 billion euro) at the end of the year, in a more favourable context against the previous year, with a reduction of the worries connected to the pandemics /restrictions and more international visibility, as a result of the inclusion of several Romanian companies in indexes FTSE.‘The analysis made over the last 10.3 years there is an improvement of the performance of BVB although it is still dependent on the foreign capital. The conclusion of the study shows the fact that investors on the capital market got on average up to 14% more than investors in governmental bonds when we speak about BET-TR with 5% over if we speak about BET, which could represent a supplementary argument for investments on the BVB’ said Raluca Alexandra Capatina –Stoica, manager PwC Romania.According to the study, the cumulated value of the three public offers on the regulated market of 2021 has surpassed 900 million lei. The BET indicator recorded growth by 14% from 11,190 points on 31st March 2021 to 12,712 points on 31st March 2022, as a result of the growth of the number of investors and the increased international visibility of the local market of capital with the inclusion of the Romanian companies listed in FTSE indicators.The share of BVB capitalisation in GDP has reached 20.9% at the end of 2021. Romania is behind other countries in the region such as the Czech Republic, Greece, Croatia and Bulgaria but over Slovenia, Hungary, Cyprus and Slovenia. With a significantly higher number of companies listed in Romania against other countries in the region, the average capitalization of BVB was 132 million euro on 31st December 2021, lower that that recorded on other regional stock exchanges, such as the Czech Republic, Hungary, Greece, Slovenia, Croatia and Bulgaria.
Cambridge School of Bucharest (CSB) has been shortlisted for the Student Mental Health Initiative of the Year category in the Tes Awards for International Schools 2025, becoming the only school in Romania to appear on this year’s shortlist. The nomination recognises CSB’s pioneering, student-led approach to promoting well-being across the Secondary School and reflects the […]
The Romanian Film Festival UK (RFF25UK) begins this week with a program showcasing a selection of new and archive Romanian feature films, documentaries, and shorts. The festival will open with the UK premiere of Traffic, Romania's 2026 Academy Awards entry. The film is directed by Teodora Ana Mihai from a screenplay by Palme d'Or–winning filmmaker […]
The government is preparing a major overhaul of state-owned companies, deputy prime minister Oana Gheorghiu announced on Monday, November 24, unveiling plans for a unified registry and initial reforms targeting 10 key enterprises. According to her, Romania currently has 1,502 state-owned companies, including 230 at central level and 1,272 under local authorities. Among central entities, […]
Two Romanians reportedly forced open an emergency exit and ran after the plane that was preparing to take off for Bucharest from Cologne, southwestern Germany, on Friday, November 21. The two, aged 28 and 47, were late for boarding, at which point they broke an emergency window and activated a button to open a secured […]
NOËL, the longest-running designer gift fair in Romania, will hold its 16th edition on December 13–14 at Unirea Shopping Center in Bucharest. The event will feature more than 100 designers presenting handmade and curated gifts, including unique pieces, capsule collections, and seasonal items. The fair will host creators from Romania as well as artists from […]
Romania will celebrate its National Day on December 1 with a large military parade in Bucharest featuring Romanian and allied troops. The event will also showcase an extensive display of military equipment and aircraft at the Arch of Triumph. More than 2,900 servicemembers and specialists from the Ministry of National Defense, Interior Ministry, Romanian Intelligence […]
