The large state companies listed on the Bucharest Stock Exchange (BVB) currently have a cumulative capitalization of almost 110 billion RON (rd 22 billion EUR), compared to 26 billion RON 10 years ago, BVB president Radu Hanga told Wednesday's event celebrating the tenth anniversary of Electrica's listing on the BVB."In the meantime, the listing of Hidroelectrica, among others, happened, but even beyond that, we see a fourfold increase in the capitalization of companies in which the state is an investor on the stock exchange, and we also see a doubling of the presence of state companies on the Bucharest Stock Exchange. The share of state companies has increased from 25% to almost 50%. Of course, the energy sector and the utilities sector are the best represented," said Hanga.He emphasized that the stock market is the place where the interest of the state, that of developing the economy, intersects with the interest of companies and private capital."It is no coincidence that the term public company is used both to designate state companies and to designate companies listed on the stock exchange. It is somehow a link between the stock market and the public domain. The stock market, after all, is the place where the state's interest of developing the economy intersects with the interest of companies and private capital," added the BVB president.
One of Sibiu’s most iconic landmarks, the Council Tower (Turnul Sfatului), will soon undergo a major restoration after the city secured nearly RON 16 million (around EUR 3.2 million) in non-reimbursable funding through the “Regiunea Centru” programme. The project, managed by the Regional Development Agency (ADR) Centru, aims to preserve and enhance a symbol of […]
The Foreign Ministry (MAE) asked Romanians in Israel to notify its representatives in the country of their presence and to follow the instructions of local authorities. The institution also issued a recommendation to avoid travel to Iran, in the context of Israel’s aerial strikes on Iranian nuclear installations. Moreover, several flights to Tel Aviv were cancelled. […]
A curated selection of critically acclaimed films by Romanian directors will be screened at the Ro-Mania Film Festival, set to take place in Berlin between June 20 and June 30. The festival will screen 43 films, including feature films, shorts, and documentaries, in a program that also covers concerts, workshops, debates, public readings, Q&As, and […]
More than 85% of Romanians believe the country will face economic difficulties in the near future, with concern particularly high among voters of the Alliance for the Union of Romanians (AUR) and adults aged 30 to 59, according to the latest INSCOP Research Barometer published on June 13 and consulted by Adevarul. ...
A limited agreement on the structure of the fiscal plan was reached among the four parties negotiating for a ruling majority in Romania, but there was little consensus on specific measures to support the plan on the revenue side, such as higher tax rates. The deadlock is total when it comes to the prime minister […]
The wage share in Romania (the share of the gross value added disbursed as total labour compensation) reached 45.6% in Romania in the 12 months to March 2025, according to data published by the statistics office INS. The dynamics of the wage share reflect how much the real wages have increased above labour productivity during […]
