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.
The 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]
Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR. The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]
A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]
Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report. Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]
Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]
Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion. The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]
