The Bucharest Stock Exchange closed Monday's session higher by over 2% on most indices, and the total value of transactions amounted to 76.53 million RON (15.39 million euros).The transactions with shares exceeded 54.23 million RON (10.9 million euros), and the most liquid stocks on the regulated market were of Transilvania Bank, with exchanges of 13.21 million RON, followed by the shares of OMV Petrom, with 8.38 million RON, and of Hidroelectrica - 6.26 million RON.The main index of the Bucharest Stock Exchange, BET, which includes the 20 most traded companies listed on the Regulated Market, appreciated by 2.16%, up to 17,010.32 points.The BET-Plus index, which shows the evolution of the 43 most liquid stocks, closed up by 2.12%, the extended blue-chip BET-XT index, of the 25 most liquid stocks, went up by 2.04%, and the index of SIFs, BET-FI, appreciated by 0.97%.The BET-BK index, the yield benchmark of investment funds, registered an advance of 2.44%, while the BET-NG, which measures the performance of the ten energy and utility companies, closed up 1.77%.The BET AeRO index, which includes 20 representative companies on the AeRO market, appreciated by 2.32%.The best developments were registered by Prefab (+13.07%), Romcarbon (+9.35%) and Arobs Transilvania Software (+6.41%).On the other hand, the most important decreases were recorded by the shares of Promateris (-9.59%), Rompetrol Rafinare (-7.30%) and Altur (-5.88%).
On Monday, December 23, Romanian police brought Nica Robert Florin back to the country. The man convicted of possession of high-risk drugs, bodily harm, and driving under the influence of alcohol, is listed among Romania’s Most Wanted category and was also wanted internationally. Romanian authorities revealed at the beginning of October that they had indications […]
An investigation by the famous British newspaper Financial Times revealed that the campaign of former Romanian presidential candidate Călin Georgescu was supported by a Russian network also used during the pandemic in France and Germany to instill fear of vaccines. The newspaper’s investigation began in continuation of those by Bulgarian and Romanian journalists at BG...
Bucharest’s District 3 City Hall will once again organize a special New Year’s Eve event in Titan Park, with a program of live concerts, multimedia shows, and even a simulation of the Northern Lights. The event, set to begin at 8:00 PM on December 31, will focus on the theme of infinity. “If you missed […]
Traffic on Lot 1 of the A7 Ploiești-Buzău highway, stretching 21 kilometers in southern Romania, was officially opened on Monday, December 23. With this opening, 102 kilometers of the total 320 kilometers of the highway are now usable. The Moldova Highway, as it has been called, is meant to connect Romania's economically underdeveloped eastern regions to […]
The Dutch technology investor Prosus NV, also the majority shareholder of Romania’s largest online retailer eMAG, is set to buy the online travel agency Despegar.com Corp, focused on Latin America, for approximately USD 1.7 billion. The purchase consideration will be funded from existing cash resources, the company said. Founded in Argentina in 1999, Despegar is one […]
The new Forestry Code, which passed the Parliament vote on December 17 and was signed into law by president Klaus Iohannis on December 20, includes provisions that protect all forests in Ilfov, the county surrounding Bucharest, making them the cornerstone of the future green belt around the capital city. Moreover, it legislates green belts nationwide, […]
