The Bucharest Stock Exchange closed Monday's session higher on almost all indices, and the total value of transactions amounted to 132.76 million lei (26.68 million euros).The main index of the Bucharest Stock Exchange, BET, which includes the 20 most traded companies listed on the Regulated Market, appreciated by 0.77%, up to 16,857.73 points.The BET-Plus index, which shows the evolution of the 43 most liquid stocks, closed up by 0.74% and the extended blue-chip BET-XT index, of the 25 most liquid stocks, rose by 0.64%.On the other hand, the index of SIFs, BET-FI, depreciated by 0.15%.The BET-BK index, the yield benchmark of investment funds, registered an advance of 0.73%, while the BET-NG, which measures the performance of ten energy and utility companies, closed up 0.52%.The BET AeRO index, which includes 20 representative companies on the AeRO market, depreciated by 0.19%.The most liquid shares on the regulated market were Transilvania Bank, with exchanges of 18.95 million lei, followed by the shares of OMV Petrom, with 2.93 million lei, and BRD Groupe Societe Generale - 2.77 million lei.The best developments were registered by the shares of Vrancart (+4.26%), Romcab (+4%) and Arobs Transilvania Software (+3.12%).On the other hand, the most important decreases were recorded by Bermas (-8.54%), Comelf (-6.64%) and Transilvania Broker de Asigurare (-3.97%).
The Arts Hour on Tour, the BBC World Service arts and culture program that visits cities all over the world, will be in Bucharest next week to record a show on topics relating to the cultural life in the city and Romania. Television and radio broadcaster Nikki Bedi, who curates, writes, and presents the program, […]
Romanian prime minister Marcel Ciolacu recently stated during an interview that foreign minister Emil Hureaznu will be replaced if he continues to send messages to private individuals, such as those addressed to Elon Musk, without consulting him. The warning comes after Emil Hurezeanu stated on Saturday, February 22, that Elon Musk’s support for Călin Georgescu […]
Romanian state-controlled gas producer Romgaz (BVB: SNG) reported a net profit of RON 3.22 bln (EUR 647 mln) in 2024, up 14.5% compared with the previous year. The company’s revenues went down by 11.9% to RON 7.93 bln (EUR 1.6 bln) because of lower...
The Romanian Parliament rejected the no-confidence motion initiated by far-right parties AUR, SOS Romania, and POT against the government led by Social Democrat prime minister Marcel Ciolacu. The motion received 147 votes in favor and one against during the lawmakers' meeting on Friday, February 28 - a figure lower than the 155 signatures with which […]
Nuclearelectrica (BVB: SNN), the company that operates Romania’s only nuclear power plant – Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average...
In his first press conference since becoming interim president, held on Friday, February 28, Ilie Bolojan said that discussing peacekeeping troops in Ukraine is premature, since no peace agreement was reached. He also discussed increasing Romania’s defense spending, the relationship with the United States, and the reconstruction of Ukraine. The press conference was organised after Ilie […]
