The Bucharest Stock Exchange (BVB) won 5.28 billion RON from the capitalization, 2.3 pct respectively, in the first week of 2022, and the value of the transactions with shares registered a decrease of 12 pct, compared to the previous week, according to the data published by BVB.The market capitalization reached 234.363 billion RON in the period 3 - 7 January 2022, from 229.078 billion RON recorded in the week of 27 - 31 December 2021.The transactions with shares generated a turnover of 129.897 million RON in the said week, down from 147.779 million RON in the previous week.The best trading day at BVB was Wednesday, January 5, when there was a turnover of 36.69 million RON, and the worst day, Friday, January 7, with a transaction value of 16.6 million RON. The main index of the Bucharest Stock Exchange - BET - closed the week at 13,156.95 points. Banca Transilvania's shares were the most liquid securities on the main segment of the Bucharest Stock Exchange, generating transactions of 28.694 million RON and a 1.36 pct increase in the share of the market.Teraplast securities are also in the top of transactions, with exchanges of 11.443 million RON (+9.55%), followed by Nuclearelectrica shares, with transactions of 10.050 million RON (-0.11%).The most significant increases in quotations were recorded by Carbochim shares (+47.37 pct), those of Promateris (+25 pct) and Alro securities (+13.33 pct).At the opposite pole, important drops were recorded by the shares of the Electrocontact Industrial Group, which registered a decline of 13.51 pct, followed by those of the House of Bucovina - Club de Munte (-8.67 pct) and of Rompetrol Rafinare (-6.71 pct).
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
