The Romanian stock market has reacted to the shock of the war in Ukraine, as it has around the world. However, the impact was smaller than the crisis generated by the outbreak of COVID 19 pandemic, and in the long term stock market indices have been on an upward trend. "Against the backdrop of political tensions between Russia and Ukraine, the evolution of the Romanian stock market deteriorated, but not to the same extent as in March 2020, when markets reacted to the economic and social uncertainties generated by the COVID-19 pandemic. Compared to the level recorded at the beginning of 2020, the Romanian stock market indices have had long-term upward developments, except for the two episodes of volatility in the financial markets caused by pandemics or the war in Ukraine", says the ASF Report on the evolution of the capital market in the first quarter of 2022. In the current inflationary context, unprecedented in the last 15 years, collective investment undertakings (CIUs) have opted for a recalibration of their investments, by increasing investments in equities at the expense of fixed-income forms of investment. "On the market as a whole, the consolidated investment structure of all collective investment undertakings indicates a preference for equities, whose total value is about 26.6 billion lei, reaching a share of about 56% of the total assets of UCIs. Investments in fixed-income financial instruments at the level of the whole market are worth 18 billion lei and represent about 37% of the total assets of UCIs. As of 31 March 2022, compared to the end of 2021, there is an increase in investments made in equities (0.22%) and a decrease in UCITS/AOPC securities (12%), bonds (11%), deposits and cash (2%) and government securities (16%)" highlights the analysis of the Financial Supervisory Authority. As regards the number and value of transactions on the Romanian capital market, there has also been an increase. As of 31 March 2022, Banca Transilvania (TLV) is in first place in the ranking of the most liquid companies whose shares were traded on the BVB on the main (Regulated) market, with a share of about 22% of the total value traded. OMV Petrom (SNP), BRD - Groupe Société Générale (BRD), Fondul Proprietatea (FP) and Medlife (M) ranked next in this top.
On Thursday, January 23, the European Commission granted a protected geographical indication status to Romania’s Jidvei wine. The new status offers recognition for the distinctive qualities of the wine. The brand encompasses white, rosé, red, sparkling, semi-sparkling, and liqueur wines produced from grape varieties grown in the Alba region, in central-western Romania. The vineyards in […]
Romania's pavilion at the Osaka World Expo 2025, which will take place from April 13 to October 13, was built with a focus on sustainability, including contributions from Romanian workers. The pavilion also highlights Romania's national resources. The mascot for the expo is a pelican named Haru (meaning "spring" in Japanese), symbolizing the importance of […]
Examin, a Romanian startup specializing in AI-powered video analytics, has secured EUR 200,000 in pre-seed funding from a private investor. The funds will be directed toward a market-ready product, creating an AI-driven prototype for quality inspection in manufacturing processes (AI Quality Inspection), developing its first AI Video Analytics camera, expanding the team, and scaling marketing […]
The beginning of 2025 brought increased pollution in the Bucharest-Ilfov area, as traditional pollutants such as cars and heating systems met low wind speeds, high humidity, and thermal inversion. The latter three prevent pollutant particles from dispersing and instead keep them at ground level. As a result, the level of pollution has doubled in the […]
Update: DNA confirmed that Sinaia mayor Vlad Oprea had been detained for 24 hours beginning January 23 on charges of bribery in continuous form, conducting financial operations incompatible with his position, false in asset declarations, abuse of office, and influence peddling. The prosecutors also said that Oprea indirectly received a total bribe of EUR 238,000 […]
Prosecutors from Romania's National Anticorruption Directorate (DNA) reportedly detained Vlad Oprea, the mayor of the popular mountain town of Sinaia, for 24 hours on Thursday, January 23. He faces corruption charges in a case investigated by the DNA, with further searches set to take place at the Sinaia City Hall later today, in the presence […]
