The listing of companies on the Bucharest Stock Exchange (BVB) represents an extremely important factor for the consolidation and development of the local capital market, but also for the stability of the Romanian economy, according to a press release from the Financial Supervisory Authority (ASF).ASF reminds, in the context, that it is running an extensive process of modernization of the regulatory framework, which will lead to the consolidation of the role of the capital market at the level of the national economy, and places special emphasis on the implementation of the provisions included in the National Strategy regarding the development of the capital market in Romania for the period 2023-2026."The success of Hidroelectrica's listing constitutes a firm impetus for the entry of new players into the stock market, the capital market needing, in order to develop healthily, strong and fair competition," said Alexandru Petrescu, the president of the ASF, in the quoted press release.Hidroelectrica recently marked one year since its listing on the BVB, the largest initial public offering (IPO) in the history of the local stock exchange, an approach that significantly contributed to increasing confidence in the potential of the capital market. The admission to the stock market of the energy producer attracted investors, retail and international, from all corners of the world and strengthened the BVB's position as an important player in the region.According to the cited source, Hidroelectrica's presence at the BSE encouraged other Romanian companies to consider listing, increasing the liquidity and diversity of the capital market. The successful listing of the energy producer is a strong argument for continuing to support single listings, ASF representatives believe."The listings are also important from the perspective of attracting investors to Romania and show that the Romanian market can lead to success stories in financing. The listing on the Romanian market brings greater exposure of Romanian companies and from the perspective of the image," stated Gabriela Horga, deputy chair of ASF, coordinator of the Financial Instruments and Investments Sector.One of the concrete steps taken by the Authority to improve the conditions for listing on the capital market or for attracting capital was the introduction of provisions related to the reduction of the term for exercising the right of preference or the process of registering an increase, in the draft amendment to the Law 24/2017 regarding the issuance of financial instruments and market operations, approved by the ASF Council and sent to the Ministry of Finance.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
