The year 2023 was a chapter of unprecedented performances for the capital market in Romania, recording historical highs on several levels, such as the value of transactions with shares and bonds, average daily liquidity, stock market indices, the value of market of the companies, reads a press release from the Bucharest Stock Exchange (BVB).According to the cited source, one of the key moments of 2023 was the successful completion of the largest stock listing in Europe, namely Hidroelectrica, worth 9.3 billion RON (1.8 billion euros). This listing strengthened the BVB's position in the European financial landscape and generated a significant wave of interest and confidence in the Romanian capital market, the document emphasizes.At the end of 2023, the main BET index reached the level of 15,371 points, reflecting an increase of 31.79% compared to the previous year."In a moment of reference, on December 8, the main index exceeded the threshold of 15,000 points for the first time in history", the press release informs.The BET-TR index ended the year at a level of 31,745 points, marking an increase of 39.93% compared to the last trading day of the previous year, a performance which, according to BVB, reflects not only the evolution of share prices, but also the total impact of the dividends paid by the component companies of the index."Another significant achievement in 2023 was surpassing the liquidity record recorded in 2022. The total value of transactions on all markets and for all types of financial instruments exceeded the value of 38 billion RON, marking a notable increase of 58% compared to the previous year. The number of 1.977 million transactions made by investors across all markets in 2023 represents an unprecedented level since 2007. In particular, the number of equity transactions on the Main Market reached 1.46 million transactions, demonstrating the interest asset of the investors", reports BVB.Last year, two companies were listed on the Bucharest Stock Exchange following successful listing offers: Hidroelectrica on the Main Market and Millenium Insurance Broker on AeRO.
The first edition of the event "Energy for Romania ”, organized by the Electrica Group and the Electrica Foundation, took place at Hala Filaret, the site of the first power plant in Bucharest. It brought together over 150 participants, including representatives from the public authorities, leaders from the energy sector, the capital market, academia, and […]
Andrei Găluț, the lead singer of the band Goodbye to Gravity, which was on stage when the fire broke out in the Colectiv club on October 2015, launched a new project honoring the victims of the tragedies that have marked Romania over the past decade. The Memento Project, created as a charitable project together with […]
71% of people worldwide support Deposit Return Schemes (DRS), with trust at record highs, paving the way for circular systems that keep infinitely recyclable materials like drink cans in the loop. ● Romania is among the fastest DRS adopters, with 9 in 10 people participating and 77% supporting the system. ● 71% of Romanians feel […]
Romania’s construction sector accounted for almost 8% of GDP over the past four quarters, the highest share across the entire European Union, according to Eurostat data analysed by investment company Colliers. This level is well above the EU-27 average of 5%. Moreover, Romania recorded the second-fastest post-pandemic growth in construction activity within the European Union, according […]
Romanian women who went abroad to work found it disproportionately harder to find work in their country compared to the men, according to data from a European study conducted by Save the Children Romania. Parents in the study sample have been abroad for an average of six years, both mothers and fathers, and 67% of […]
Bucharest’s ARCUB Cultural Center will open The Art of the Game (TAG) on November 8 - a large-scale cultural event dedicated to video games and related arts. Curated by Elvira Lupșa, the four-month exhibition and event series will run until March 1, 2026, at ARCUB - Hanul Gabroveni, featuring workshops, talks and multimedia performances. The […]
