Press releases

• Bucharest Stock Exchange keeps on growing steadily in the first nine months as the total return index BET-TR grows by 17 percent
• Lucian Anghel, BVB President: BET-TR should be the first index investors should watch in order to evaluate the yield of the main listed companies as the dividend component is significant
• Shares’ value from the main index BET goes up by 8.5%, the second largest growth pace among the main indices of the stock exchanges from the European Union
• Adrian Tanase, BVB CEO: The Bucharest Stock Exchange achieved a double performance in the first nine months. Thus, in addition to the good developments in relation to the other capital markets in the European Union, we also recorded an improvement in the ratings given by the main international index providers during this period

• The theme of this edition of the Individual Investors Forum is “My money, my future” – saving and investing is the foundation for a better future
• Endurance athletes, capital market specialists, IR specialists, representatives from the investment funds, brokers and listed companies on Bucharest Stock Exchange (BVB) will speak at one of the most important events aimed at retail investors
• The 8th edition of the Individual Investors Forum will take place on the 10th of November at Radisson Blu, Atlas room (63-81, Calea Victoriei, Bucharest), from 9.30 AM to 4.30 PM. The preliminary agenda is available on the dedicated website at www.bvbforum.ro
• Participation in the event is free of charge and is possible based on the registration on the dedicated platform www.bvbforum.ro and within the limit of available seats.

• Romania was maintained by FTSE Russell on the watch list of countries for possible reclassification from Frontier to Secondary Emerging market
• “Liquidity – Sufficient broad market liquidity to support sizeable global investment” – upgraded from ‘Not Met’ to ‘Restricted’, following an improvement in broad market liquidity.
• “Off-exchange transactions permitted” – upgraded from ‘Not Met’ to ‘Restricted’.

FTSE Russell released on September 26, 2018 its latest Annual Country Classification Review, according to which Romania was maintained on the watch list of countries for possible reclassification from Frontier to Secondary Emerging market. Romania was added to this watch list in September 2016. According to the FTSE Russell report, in September 2018, the FTSE Russell Country Classification Advisory Committee endorsed the following criterion rating changes:

• “Liquidity – Sufficient broad market liquidity to support sizeable global investment” – upgraded from ‘Not Met’ to ‘Restricted’, following an improvement in broad market liquidity.

• “Off-exchange transactions permitted” – upgraded from ‘Not Met’ to ‘Restricted’.

• Blue chips listed on the Bucharest Stock Exchange (BVB) main market discussed investment opportunities with the Croatian and Slovenian institutional investors during Romania Day in Zagreb conference
• Banca Transilvania, BVB, Electrica, Fondul Proprietatea, Nuclearelectrica, Romgaz, Sphera Franchise Group and Transelectrica had 42 investors meeting during Romania Day in Zagreb

Blue chips listed on the Bucharest Stock Exchange (BVB) main market discussed investment opportunities with the Croatian and Slovenian institutional investors during Romania Day in Zagreb conference, organized by InterCapital Securities and BVB, with the support of AD Plastik, Fondul Proprietatea and Zagreb Stock Exchange.

• PKO BP Securities, part of the largest Polish bank and leading broker in Poland, and Bucharest Stock Exchange (BVB) organized on September 13, 2018, the Romanian Capital Day in Warsaw.
• During the event, the Romanian companies had 54 meetings with institutional investors representing EUR 94 bn assets under management. 

• Bittnet, the first the first IT company listed on Bucharest Stock Exchange, was awarded first prize for "Best IR department of a listed company – CEE"
• Globalworth, which set a new record for the largest bonds issue on BVB, came first at "Top M&A deal of the year"
• Adrian Tanase, BVB CEO: International investors, just like their Romanian counterpart, have begun to appreciate the activity and strategy of the companies trading on BVB either equities or bonds, which is a clear indicator that the Romanian capital market is developing multidimensionally, locally and regionally as well

• MSCI indices for international markets fall sharply: -8% for Emerging Markets and -15% for Frontier Markets at the end of the first eight months
• In the same time, the main index of BVB grew by 4.4% USD-equivalent, while the index including also the dividends trebled to exceed 13%
• Adrian Tanase, BVB CEO: We pay attention to external developments because markets are highly interconnected today. Even in an international environment experiencing volatility and turbulences, Romania is still able to deliver positive returns to investors
• Lucian Anghel, BVB President: The results reside in the positive evolution of the companies listed on the BVB, as they managed to benefit from the strong growth of the economy and registered half-year operational results superior to those from last year, while also giving consistent dividends

•     For the first time in the history of the Romanian capital market: the main index of the Bucharest Stock Exchange expands to 15 companies as Sphera Franchise Group and Purcari Wineries join BET index

•     Adrian Tanase, BVB CEO: The investors will benefit from the enhanced diversification of the companies comprised by these indices, thus providing a lower level of sectorial risk

•     Lucian Anghel, BVB President: Two new fields of activity are now represented in the main index of BVB, a stock exchange which is more open to market opportunities and diversification

• Bucharest Stock Exchange increases the maximum number of companies in BET index and its total return version BET-TR from 15 to 20
• Adrian Tanase, BVB CEO: The enlargement of the two indices is appropriate as more companies relevant for their industry decide to get listed on BVB. It is by this expansion that we aim to provide enhanced diversification by industry sectors for BVB’s main indices, a diversification all equity portfolios need
• Lucian Anghel, BVB President: The increase of the maximum number of companies can offer a better risk-adjusted performance of these indices, due to the diversification potential. All six companies listed on BVB in less than two years come from new business sectors

• Over 40 companies listed on BVB pay dividends worth RON 7.23 billion, or over EUR 1.55 billion
• Among the first 20 companies according to the total value of dividends, 6 of them offered a two-digit dividend yield
• The total return index including the dividends soared by 11 percent at the end of the first seven months to over 11,600 points

• Almost 300 people participated in Made in Romania Entrepreneurship Forum
• Felix Patrascanu (FAN Courier), Mircea Turdean (Farmec), Marius Stefan (Autonom Rent-a-Car), Cristian Logofatu (Bittnet) and Radu Constantinescu (Qualitance) were the main speakers

• The entrepreneurs behind the success stories of Cris-Tim, Electrogrup, FAN Courier, Autonom Rent-a-Car, Bittnet and Qualitance will be key speakers at Made in Romania Entrepreneurs Forum
• The Forum will take place on August 1st, starting from 09:30 AM, at Intercontinental Hotel from Bucharest
• Registration is free of charge at www.entrepreneurshipforum.ro within the limit of available seats

• The index including the dividends soared by 11 percent at the end of the first six months to over 11,500 points
• Lucian Anghel, BVB President: BET-TR index, which is representative of our capital market due to its consistent dividends, had one of the highest yields in the European Union
• Adrian Tanase, BVB CEO: The first half ended with international recognition as the global index provider MSCI upgraded the accessibility criteria for Romania, proving the projects regarding the capital market are on the right track

• Dorel Goia, Chairman of TeraPlast’s Board of Directors: ‘We want to keep proving our investors that we are a solid company, which they can trust in the long run. Our focus is to increase the market shares for each of the Group divisions without losing sight of our responsibility towards people and environment’
• Adrian Tanase, BVB’s CEO: ‘After the model of the TeraPlast Group we hope to see as many BVB-listed companies as possible with a strong presence in the area’
• Lucian Anghel, Chairman of BVB’s Board of Directors: ‘We think highly especially of those company shareholders and managers who resort as much as possible to the levers offered by the share market in making their business more attractive and more competitive’

• MSCI, in its Global Market Accessibility Review published on June 20, 2018, upgraded Romania’s accessibility criteria on 3 notes: market regulation, information flow and trading
• Romania is on the FTSE Russell watchlist of countries with potential to be classified as Emerging Markets since September 2016

• BET index stays on plus with 4.2 percent following the first five months of the year, while Romania keeps its position on the podium in terms of growth pace among the main indices of the stock exchanges within the European Union
• Adrian Tanase, BVB CEO: The local capital market shows it lacks ‘depth’ as May brought a wave of both domestic and foreign uncertainties, which took by storm a local underdeveloped investors’ community. Therefore, it is our duty to do everything in our power to strengthen this community, especially for retail investors
• Lucian Anghel, BVB President: If we consider the markets within the European Union, we see Romania ranking third out of 28 states as it managed to report a significant growth of 6.53% for the BET-TR index, which takes into account the dividends

• 20 speakers talked about savings and investments in front of around 400 participants during the seventh edition of the Individual Investors Forum
• Adrian Tanase, BVB CEO: People prefer banking deposits out of comfort, but it is important to make them see the capital markets generate superior returns in the long run. We can escape this state of passivity only by financial literacy
• Lucian Anghel, BVB President: Had the participants at the first editions of this forum organized by BVB listened to the speakers, they would have doubled their investments in the past five years

• The stock exchanges from Bucharest, Warsaw and Prague met with US investors during the ‘CEE Investor Days’ conference dedicated to promoting their countries’ investment opportunities
• The event highlighted the progress made by the capital markets and showcased top companies listed on the exchanges

Globalworth Real Estate Investment Limited, one of the leading real estate investment companies in Central and Eastern Europe, in partnership with BT Capital Partners, a company of Banca Transilvania Financial Group, announces the second admission to trading on the Bucharest Stock Exchange (BVB) of the corporate bonds issued by the company (symbol GWI25), with a total value of EUR 550 million.

• Transactions with all types of financial instruments traded on BVB reached EUR 996 mn during the first four months of 2018
• The average daily trading value increased by 32% during the first four months of 2018 compared with the same period of the previous year, exceeding EUR 11 mn
• The BET index reached in April a benchmark of 9,000 points, the highest level for the last 10 years

• The 15 finalists of Made in Romania project were officially announced and awarded at Made in Romania Gala,  2^nd edition
• Between May and November, the finalists and the other 35 semi-finalists will enter a mentoring program designed to support them for a long-term and consistent business development

• The seventh edition of the Individual Investors Forum will take place on May 5^th at Deschis Atelier (160 Splaiul Unirii, Bucharest), between 9 AM and 4:30 PM
• 20 speakers will talk about savings and investments during the event, which will include workshops for first-time and advanced investors. The preliminary agenda of the event is available on www.bvbforum.ro
• Joining the Individual Investors Forum is possible exclusively based upon registration on www.bvbforum.ro, access is allowed within the limit of available seats

• Alongside BVB, the European Bank for Reconstruction and Development (EBRD), Banca Transilvania and KPMG Romania contributed on different topics to the International Investors Guide
• Adrian Tanase, BVB CEO: We aim to make the local capital market even more attractive to foreign investors by improving market mechanisms and introducing new financial instruments
• Lucian Anghel, BVB President: One of the best business cards for Romania is the capital market itself, which has generous dividend yields and ranks first considering the growth pace reported by the main indices of the stock exchanges within the European Union

• Romania ranks first in the European Union considering the growth rate reported by the main indices of the EU capital markets between January and March 2018
• Adrian Tanase, BVB CEO: Bucharest Stock Exchange reached an 11-year high in the first quarter, as the interest for the capital market revamped among investors
• Lucian Anghel, BVB President: The very good financial results reported by the vast majority of listed companies and generous investors' dividends, coupled with positive economic prospects, have supported the upward trend in the stock price of listed companies

• This year edition of "Fluent in Finance" program will include several free of charge seminars, which will unfold nationwide between April and December
• Adrian Tanase, BVB CEO: We will have more investors as the level of financial literacy increases and one of the objectives is to have as many Romanians as possible keep their savings in the capital market
• Lucian Anghel, BVB President: Through "Fluent in Finance", we promote responsible investments and the capital market among individual investors in Romania

• The launch of InvestingRomania and Fluent in Finance platforms and several 7/24 Capital episodes are among the most viewed videos
• People interested in capital markets brought the watch-time to over one million minutes of financial education and more than half a million views for the YouTube channel of the Bucharest Stock Exchange in the past two years
• Adrian Tanase, BVB CEO: We plan on making the capital market increasingly accessible to a broader audience, regardless of how well it is acquainted to the financial field
• Lucian Anghel, BVB President: Increasing the financial literacy rate is a continuous process, that we constantly support through multiple educational initiatives

• BVB and the members of the Nomination Committee have announced the 50 companies that will enter the final stage of Made in Romania - 2^nd edition
• People can directly send their favourite company to the final stage by casting their vote on www.bvbleague.ro/vot until April 3rd

• BET index surged by 9% after the first two months of 2018, the largest growth rate reported among the main indices of the European Union
• Investors intensified activity on BVB: the average daily traded value for equities exceeded EUR 12.7 million
• Companies listed on the local stock exchange saw capitalization spring to new record highs of EUR 39 billion
• Adrian Tanase, BVB CEO: The growth rates earlier this year came as listed companies announced strong financial results and significant dividends
• Lucian Anghel, BVB President: The Romanian capital market held ground against one of the largest falls the US markets had experienced in a decade

• Nikolay Vassilev, Executive Director Expat AM: We have identified Romania as one of the very attractive markets with strong potential – both in terms of price appreciation and possible new listings
• Lucian Anghel, BVB President: It is a premier for the Romanian capital market that an ETF having as underlying the BET-BK index of BVB is launched and traded on a foreign trading venue

• BVB and its partners handed 19 awards during this year’s edition of the Inauguration of the Stock Exchange Year, which was held at the Romanian Athenaeum
• Adrian Tanase, BVB CEO: More and more private companies have started going public and this creates the premises for the development of the stock exchange
• Lucian Anghel, BVB President: 2017 was a great year for the Romanian stock exchange, which saw IPOs of over RON 1 billion and a good dynamic for corporate bonds

• Victor Bostan, Purcari: Today we begin a new chapter for Purcari, continuing on our roadmap to becoming the undisputed wine champion in Central and Eastern Europe
• Lenna Koszarny, Horizon Capital: Purcari Wineries has made history today with the first public listing by a Moldova-based company on Bucharest Stock Exchange
• Lucian Anghel, BVB: The example set by Purcari should be followed by all companies that want to become leaders in their business field

• Lucian Anghel, BVB President: The total trading value for equities exceeded EUR 200 million in January, amid increased investor activity
• Adrian Tanase, BVB CEO: We have a journey ahead to reach our maximum potential when it comes to market turnover. On the other hand, we are optimistic as more and more companies are interested in listing on BVB

• Ion Sterian, Transgaz General Manager: We have investment projects worth more than EUR 1.6 billion, which once completed will make Transgaz one of the top four energy companies in Europe
• Dumitru Chirita, ANRE President: The BRUA project and the interconnection with the Republic of Moldova can be a guarantee that Romania is a pole of stability in the energy field
• Lucian Anghel, BVB President: We want to see as many companies as Transgaz getting listed and become regional leaders. To support the development of Romanian companies, the Government can apply for an EU fund incentive to cover 50% of the listing cost
• Adrian Tanase, CEO BVB: The company where the majority shareholder is the Romanian state is now worth almost RON 5 billion, 55% more than 10 years ago. Transgaz greatly illustrates how the state can increase its wealth by listing the companies in its portfolio
• Viorel Stefan, Deputy Prime Minister: Listing on the stock exchange is an effective mechanism for transparency and reporting, a vote of trustworthiness given to the company's management to demonstrate its ability to perform

• Viorel Catarama, Elvila: We have decided to go for a technical listing to ensure maximum transparency of the company and to enable minority shareholders to trade their assets within an organized and efficient framework
• Adrian Tanase, BVB: The continuation of company listings on the stock exchange is essential for increasing the investors' interest in the capital market and implicitly for growing the level of turnover in the market
• Octavian Dragolea, IFB Finwest: We're glad we managed to bring Elvila to BVB and that we opened the listing season of 2018 on the stock exchange

• BVB extends by two weeks, until February 16^th, the nomination phase for the second edition of Made in Romania, due to the high interest for this project
• Entrepreneurs from all over the country have registered their businesses on www.bvbleague.ro to enter the BVB League

Adrian Tanase, BVB CEO:

• "The main goal of my term is to make the stock exchange reach its maximum potential in terms of turnover, and this can come from three directions"
• "Promoting to the Emerging Market status will be a consequence of all these measures to increase turnover"
• "The stock exchange is being advertised as a financing option. The new message we would like to pass on is that the stock exchange is the place where business transparency translates into money"

• The public will be able to cast votes until February 15^th to decide the winners in four categories
• Overall, 19 prizes will be awarded during this year’s edition of the Inauguration of the Stock Exchange Year, which is to be hold on February 19^th
• Lucian Anghel, BVB President: We aim to acknowledge the merits and involvement of key players who turned 2017 into one of the most dynamic years in the history of Bucharest Stock Exchange

• The nominations phase of the second edition of Made in Romania begins today at www.bvbleague.ro
• BVB aims to top up impressive number of 166 nominations received in the 2017 edition of the project

• Four IPOs worth over a quarter billion euros and 9 corporate bonds issuances, in RON and EUR, took place in 2017 at Bucharest Stock Exchange
• The market capitalization of the companies listed on the Main Market of BVB exceeded a record level of EUR 35 billion
• The average trading value for all the financial instruments amounted to EUR 12.1 million last year, up by 25% as compared to 2016
• Total return indices reported outstanding growth figures: BET-TR up by 19%, BET-XT-TR up by 24%
• Lucian Anghel, BVB: The local capital market was noted in 2017 for the high number of IPOs, all four listings coming from the private sector. In a context where the cost of financing is expected to grow in 2018, more and more companies should consider listing on the stock market