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.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
