Radu Hanga, president of the Bucharest Stock Exchange (BVB), said that the local stock exchange notified the Financial Supervisory Authority (ASF), the local capital market supervisor, of the establishment of an index for the AeRO market, expected to be launched in the next 30 days, Ziarul Financiar reported. AeRO witnessed unprecedented dynamics over the past year, when small entrepreneurial companies in various sectors, including a significant number of tech companies, used it to raise capital with share issues. In May, Hanga said at another event that on the agenda of the Indices Commission of BVB, there is a proposal to set up, in the second half of the year, an "entrepreneurial index," representative for the secondary stock market. "It will be built according to the model we apply to the other indices. (...) It will be 'a living animal,' it will be an index that as companies come (and we expect more and more companies to come, including from the area of technology), it will develop and diversify. This is the objective so that in the second half of the year, we have an index that is representative and that gives an indication regarding the evolution of the AeRO market," Radu Hanga said a few months ago.
A new CURS poll published on Sunday, June 29, shows that if local elections were held in Bucharest next Sunday, reformist party USR would obtain 27%, followed by the Social Democratic Party (PSD) with 22%, and far-right party Alliance for the Union of Romanians (AUR) with 18%. The National Liberal Party (PNL) comes in fourth, […]
Last week, the European Public Prosecutor’s Office (EPPO) in Bucharest indicted three individuals for an EUR 100 million fraud in a case involving both EU and national funds. Among those indicted is an Italian citizen, alleged to be the leader of the group, which operated between 2019 and 2024. The suspect was detained on February […]
The number of building permits for residential buildings increased by 0.6% in the first five months of 2025 compared to the same period in 2024, with 14,134 such permits issued, according to data published Monday by the National Institute of Statistics. Increases were recorded in the Western region (+166 permits), Center (+70), North-West (+68), South-East […]
Cluj-Napoca, a major city in Romania’s Transylvania region, is taking a step toward becoming a more animal-friendly city, as a new proposal allowing pets in public institutions has been opened for public debate. Mayor Emil Boc announced the initiative, stating, “A city that is friendly to animals is a better city for people.” The draft […]
The president of S.O.S. Romania, Diana Iovanovici Șoșoacă, announced on Monday, June 30, that three senators were expelled from the party, effectively disbanding the party’s group in the Senate. According to the Romanian Parliament’s regulations, a party must have more than seven members to establish a group in the Senate. With the expulsion of the […]
Chinese social media platform TikTok has reportedly opened a branch in Romania, following public criticism, along with governmental and EU-level scrutiny, after Romania’s last presidential elections. The local company is called Tik Tok Romania, has a share capital of RON 5,000, and provides other IT-related service activities. It will be managed by Laura Andreea Savu, […]
