Romanian state attracted over 50B euros, through BVB, since launch of Fidelis

The Romanian state has attracted more than 50 billion euros through the Bucharest Stock Exchange (BVB) since the launch of the Fidelis campaign 6 years ago, said on Thursday the chairman of the BVB Board of Directors, Radu Hanga.He participated in the official opening of the trading session occasioned by the listing of the Fidelis government bonds, issued by the Ministry of Finance. The public offering of the Ministry of Finance, carried out between July 4 and 11, 2025, included eight issues, four in lei and four in euros, two of which were dedicated to blood donors."We are happy to close the 26th issue of Fidelis government bonds, an issue carried out in early June through which the state raised a total of 1.65 billion lei, the equivalent of 326 million euros. As we know, since the launch of the Fidelis campaign, 6 years ago, 26 offers have been launched. Over 50 billion euros were raised by the Romanian state, through the Bucharest Stock Exchange. We are happy to say that, together with the members of the Bucharest Stock Exchange ecosystem, we have become an important partner and, from this perspective, a partner of the Romanian state in the financing process," stated Radu Hanga.He emphasised that the state is the largest investor in equity, given that the companies in which it holds a controlling stake represent 43% of the stock exchange's capitalisation."We always mention that the state is the largest equity investor on the Bucharest Stock Exchange, it is the largest shareholder of the companies listed on the Bucharest Stock Exchange. State-owned companies, companies in which the state holds a controlling stake, represent 43% of the stock exchange's capitalisation. This shows us openness, it shows us transparency, it shows us that the state wanted to provide Romanians with good visibility through the market towards the companies it owns," the BVB Chairman of the Board of Directors said.In addition, he noted the collaboration with the state authorities in the process of Romania's accession to the OECD."In addition to the presence of the state, as a shareholder, next to us and next to the listed companies, of course, and next to the financing campaigns through the issuance of Fidelis government bonds, we mention the things we do together from the point of view of the process of accession to the OECD. And, if I refer to this perspective, our contribution referred to the corporate governance code, to setting the framework in which public companies in Romania operate. And here, of course, again we have many synergies between us and the state, because, ultimately, the profile of a state company and the profile of a listed company are extremely similar. (...) I must say that the markets show us, both if we look at the evolution of the stock market in recent months, and if we look at the evolution of the cost of state financing, they show us that the markets have confidence in the team that is now leading Romania and have confidence in the fact that you will manage to make the adjustments that need to be made," Hanga conveyed to the minister of finance, Alexandru Nazare, present at the event.