The Bucharest Stock Exchange (BVB) closed Monday's trading session with significant increases and the value of share transactions amounting to 196.4 million RON (39 million EUR).Overall, the turnover exceeded 1.4 billion RON (280.9 million EUR), of which 1.2 billion lei in bonds, mostly from the Ministry of Finance.The main BET index, which shows the evolution of the 20 most liquid companies rose by 4.08% to 17,445.26 points, while BET-Plus index, which shows the evolution of the 43 most liquid shares of the BVB, closed up 4.03%.The broad blue-chip index BET-XT, of the 25 most liquid stocks, gained 3.80%, while the BET-FI index of the five financial investment companies went up 2.59%.The benchmark for investment funds, BET-BK rose by 3.66%, while the BET-NG index, which tracks the performance of the ten energy and utilities companies, closed up 3.39%.The BET AeRO index, which includes 20 companies representative of the AeRO market, rose by 4.48%.The most liquid shares were those of Banca Transilvania, with transactions of 74.3 million RON, followed by Sphera Franchise Group, with 25.7 million RON, and One United Properties, with 18.9 million RON.The best performances were recorded by Artego (+13.56%), Carbochim (+12.5%) and Electrocontact (+12.5%),Conversely, the most important decreases were registered by Promateris (-12.31%), Societatea de Constructii Napoca (-11.11%) and SIF Hotels (-4.5%).
Romania’s new ruling coalition, composed of the National Liberal Party (PNL), Social Democratic Party (PSD), Save Romania Union (USR), the Democratic Alliance of Hungarians in Romania (UDMR), and representatives of national minorities, signed a political agreement on Monday, June 23, outlining the structure of the incoming government, the rotation of the prime minister’s office, and […]
InterContinental Athénée Palace Bucharest is pleased to announce that Chef Michael Passarelli has joined the team as Chef de Cuisine at JORJ, the hotel's iconic dining venue, recently reopened following a comprehensive renovation totalling EUR 3.2 million. With a career spanning over 20 years in top restaurants across Romania, Italy, Belgium, the Netherlands, and Switzerland, […]
A powerful story of survival and displacement took center stage at the 23rd edition of the Transilvania International Film Festival (TIFF) in Romania, as To a Land Unknown (UK) claimed the coveted Transilvania Trophy. The EUR 10,000 award was presented during the festival’s Closing Gala at the National Theatre in Cluj-Napoca on Saturday evening, June […]
Romanian star tennis player and former women’s world no. 1 Simona Halep announced that she will play at the Concord Iaşi Open tournament on July 9 during an exhibition match. The former WTA leader will step onto the court alongside Andrei Pavel, as well as other well-known names that have not yet been revealed during […]
Claudiu Târziu, a former leader and co-founder of the far-right party Alliance for the Union of Romanians, or AUR, launched a new conservative party on Saturday, June 21, in opposition to the announced centrist government. Named The Conservative Action party, the new formation “will harshly sanction every deviation of this treacherous coalition,” the leadership said […]
In a global landscape where businesses are expected to deliver more than profits, STIRIXIS Group has positioned itself as a transformative force, melding business strategy, human experience, and built environments into a single, powerful vision. Elena Kyrnassiou-Athanassoula, Vice-President and Group Executive Director, shares the philosophy that has backed the international expansion of the Athens-based firm. […]
