Press releases

Year


February 18, 2019 Launch Made in Romania-edition III edition and of the book Made in Romania-edition II The registration stage in Made in Romania - 3rd edition starts today on www.bvbleague.ro BVB launches a book with the business stories of 15 of the most promising Romanian companies BVB relaunches the website dedicated to the Made in Romania program Read more …
February 15, 2019 Bucharest Stock Exchange kicks off 2019 with a nearly 6 percent decline while the energy and utilities index is the only one showing growth The Romanian capital market started 2019 with a drop of nearly 6 percent both for the BET index and the BET-TR index, which also includes the dividends. Only the BET-NG index, which includes the companies in the energy field and utilities, went up last month by 2.4 percent. When compared to Europe, the Romanian market posted in January the second biggest decline among the main indices of the stock exchanges from the European Union. Read more …
January 29, 2019 Shareholders of the Bucharest Stock Exchange voted for the local Central Counterparty - the lodestar project of the Romanian capital market in a move to double liquidity The shareholders of the Bucharest Stock Exchange (BVB) approved during the Extraordinary General Meeting of Shareholders the establishment of the local Central Counterparty (CCP), a project worth EUR 16 million, to which BVB will contribute up to EUR 10 million. Adrian Tanase, BVB CEO: The trading costs are not going to be higher for brokers nor for clients. The investors will be able to access more investing strategies and, as the market develops, we plan to lower tariffs. A key role of the CCP is to act as a warrant for the market integrity by eliminating counterparty risk. The new entity will help diversify the market products by offering derivatives and will be able to double the average daily trading value. Read more …
January 25, 2019 Bucharest Stock Exchange drops nearly 5 percent in 2018. Only the total return indices stay positive Lucian Anghel, BVB President: The Romanian capital market went in the negative territory last year following a drop by 4.77 percent of the BET index. The BET-TR index, which also includes the dividends, managed to stay positive, up by 4.3 percent, which – considering the market conditions from the end of 2018 – can be regarded as an outstanding performance Adrian Tanase, BVB CEO: The investors need the legislation to be predictable in order to fairly evaluate the opportunities offered by the capital market, where Romanian companies representing about 10 percent of Romania’s Gross Domestic Product operate. Read more …
January 21, 2019 BVB and OPCOM present the cooperation project between capital and energy markets as Central Counterparty is in sight The Bucharest Stock Exchange (BVB) and the Operator of the Romanian Electricity and Gas Markets (OPCOM) want to collaborate on eliminating the counterparty risk in the capital and energy markets and launching futures contracts having the energy market indices as underlying assets. Adrian Tanase: BVB and OPCOM propose that, in addition to the transactions conducted on the markets managed by BVB, the CCP project should provide clearing services for transactions in the energy market from the beginning. Victor Ionescu: From the perspective of the electricity market, the centralized markets that OPCOM has made available to its participants, the project of the local Clearing Counterparty proposed by BVB is able to provide a solution to correctly, quickly and safely cope with the counterparty risk. Read more …