Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Bucharest stocks register almost 3pct declines following announcement...

Bucharest stocks register almost 3pct declines following announcement of PSD withdrawing from government

January 16, 2025

 The Bucharest Stock Exchange (BVB) recorded declines of almost 3% across nearly all indices on Thursday's session, around 12:50 PM, with transactions totaling 2.63 billion lei (529.8 million euros).The main BET index, which tracks the performance of the 16 most liquid companies, was down 2.75%, reaching 16,300.37 points, while the BET-Plus index, which tracks the 37 most liquid stocks at BVB, decreased 2.68%.At the same time, the extended blue-chip BET-XT index, which tracks the 25 most liquid titles, lost 2.50%, and the investment fund performance benchmark, BET-BK, depreciated 2.93%.The BET-FI index, representing SIFs, was down 1.35%.The BET-NG index, which includes the 10 companies in the energy and utilities sectors, dropped 2.37%.Prime Minister Marcel Ciolacu announced on Thursday, via his Facebook page, that PSD is withdrawing from the discussions for forming the Executive and will vote in Parliament for a right-wing government.     

Read in full - click here
Western European investors placed EUR 1.75 bln on Romanian real estate market over 5 years

Investors from Western Europe, particularly Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling EUR 1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. The Western European's market share accounted for […]

Bucharest Stock Exchange awards best performers of 2024 at BVB Awards ceremony

On Tuesday, February 25, the Bucharest Stock Exchange (BVB) granted 20 awards to listed companies, brokerage companies, as well as to private pension and investment funds for their achievements in 2024 as part of the 12th edition of the BVB Awards. In the opening speeches, stock exchange officials also highlighted the growth of the local […]

Romanian football club FCSB announces cyberattack disrupting ticket sales for Olympique Lyon match

Romanian football club FCSB announced on Tuesday, February 25, that its website has been targeted by a Distributed Denial of Service (DDoS) attack, which has caused disruptions in the online ticketing process. The incident occurred as the Bucharest team was selling tickets for the match against Olympique Lyon in the Europa League round of 16. […]

Goldbach Consulting supports the development of local communities through a national training program for sustainable development experts

The training program in sustainable development runs from April to July 2025, in 5 development regions of Romania. The postgraduate course targets over 1,200 future experts in sustainable development, who will become local leaders of change. The total value of the training program is RON 5.3 million, with funding entirely sourced from the National Recovery […]

Colliers report: Rising prices and limited supply push more Romanians toward renting in 2025

A new report from Colliers highlights significant trends in Romania's housing market for 2025, revealing a continued rise in home prices, limited new supply, and increased demand for rental properties.  The findings show that while housing deliveries fell by 15% nationwide and over 20% in Bucharest, demand increased by 7% in 2024. As a result, […]

Romanian governing coalition reportedly agrees to dismiss Electoral Authority head Toni Greblă

Romania’s ruling coalition, composed of the Social Democrats (PSD), the National Liberal Party (PNL), the ethnic Hungarian party UDMR, and the deputies representing the ethnic minorities, reportedly agreed to remove Toni Greblă from his position as president of the Permanent Electoral Authority (AEP). Greblă has led the AEP for two years after being appointed by […]