Press releases

Year


January 12, 2021 All-time high trading value on Bucharest Stock Exchange. Total transactions worth almost EUR 4 billion performed on the Romanian capital market in 2020 New all-time high trading value with all types of financial instruments traded on the main segment of the Bucharest Stock Exchange (BVB) in 2020: almost RON 18.3 billion, the equivalent of EUR 3.77 billion. It is the highest value in the history of the Romanian stock market. Record-breaking values were also recorded for the average daily liquidity with all the types of financial instruments: over RON 73 million or EUR 15 million. The Romanian capital market closed 2020 with an increase of 3.4% for the BET-TR index, which also includes dividends, a performance that occurred in a context dominated by the uncertainties generated by the coronavirus pandemic. Radu Hanga, BVB President: The capital market has demonstrated, in perhaps the most complicated year in recent history, why it is a source of opportunities for both companies and investors interested in increasing their well-being. In 2020, on BVB, 3 companies went public, were launched 6 issues of government securities and 11 issues of bonds, which brought the total financing made through the capital market to RON 5.4 billion lei or EUR 1.1 billion. Our goal is to increase liquidity and we have done so successfully because last year we had the best trading year in the history of BVB. Therefore, it is no longer necessary to look at 2007 as a landmark because we have already exceeded that level. We can't drive the stock market if we look in the rearview mirror all the time. We focus on what we have to do to develop our capital market. We look forward to 2021 when we expect the stock market to continue to consolidate its position as the main financing channel for the Romanian companies and the main source of capital accumulation for investors. We want to bring BVB as close as possible to retail customers and explore all the channels that help us achieve this goal. Adrian Tanase, BVB CEO: The year 2020 will certainly remain in the history of the capital market as a benchmark for the future development of the stock market. The promotion to the status of Emerging Market, the initiation of the Central Counterparty project and the start of the partnership for the implementation of technological solutions at the level of the BVB group are the key elements meant to fundamentally transform the Romanian capital market. It is very important for the Government to use the capital market intensively, we saw this in 2020 through government bond issues, and we want to see decisions also regarding new company listings because it is for the benefit of Romania to have transparent and performant companies. We are optimistic about 2021, we want to have consistent decisions regarding the economic development of Romania and, once the risks generated by the pandemic will be diluted, there are all the prerequisites to have a better year than 2020. Read more …