Romanian capital market

Romania Capital Market 15.01.2025

MARKET MOVING NEWS

ECONOMY

-Anca Negrescu, a senior economist at Unicredit Romania, told investors in Vienna that the 2025 economic forecast for Romania now indicates 1.9% economic growth, higher than the 1% projection from 2024, Ziarul Financiar reported.

-A share of 62% of employees in Romania intend to change their job in the next six months, a survey conducted by online recruitment platform bestjobs revals. The main reason is their desire for a higher salary (48%).

-Sales of houses and apartments increased across Romania with an annual rate of 6.6% in 2024, according to a report released by real estate consultant SVN Romania based on data from the National Agency for Cadaster and Real Estate Advertising (ANCPI). The rise in Bucharest-Ilfov county was 7.6%.

FINANCE

-British multinational neobank Revolut, with more than 4 million clients in Romania, has presented the main tendencies in terms of investments in 2024, with the number of Romanians investing via the app increasing by 89% compared to 2023.

-Banca Transilvania (BT) integrates artificial intelligence into BT Pay, its secure Mobile Banking application. The newest functionality of the application being the virtual assistant (BT Chat). BT Pay and BT Go are gradually replacing BT24 and NeoBT and will become the only applications through which individuals and corporate clients will be able to do banking with Banca Transilvania, BT informed.

-UniCredit announced the launch of “UniCredit for CEE 2025”, a holistic umbrella framework with concrete financial, accounts management and advisory solutions across CEE. It is designed to offer micro and small businesses a suite of favorable financing solutions, amounting to EUR 2.3 billion.

-The market of mandatory third party liability automotive (RCA) reached RON 6.8 billion at the end of the first nine months of 2024, up 8.2% on an annual basis, according to data published by the Financial Supervisory Authority (ASF).

Clearstream, the international central securities depository (ICSD) of Deutsche Börse Group, opened a Euro route to the Romanian bond market. BRD Groupe Société Générale acts as local depository partner for Clearstream, connecting in turn to the Romanian central securities depository (CSD), Depozitarul Central.

COMPANIES

-Companies based in Bucharest had, in January-August 2024, international trade operations of 40.1 billion euros, representing 28% of Romania’s foreign trade, ranking first at national level, according to INS data.

-Rafinor, a company in which Romanian entrepreneur Claudiu Diaconu is a majority stakeholder, has invested EUR3 million to launch the first local refinery specializing in precious metal processing, local daily Bursa reported.

-Finland’s delivery platform Wolt completed the acquisition of Romanian peer Tazz from eMAG.

TODAY’S MARKET DATA

EXCHANGE RATE OF THE NATIONAL LEU CURRENCY

EUR 4.9750GBP 5.9005
USD 4.8266CHF 5.2934
BGN 2.5437MDL 0.2579

(Source: National Bank of Romania BNR)

BUCHAREST STOCK EXCHANGE (BVB) INDICES

BET -0.42% BET-TR -0.42% BET-FI 0.14% BET-NG -0.53% BET-EF -0.62%
BET-XT -0.37%, BET-BK -0.17% BET AeRO 0.15% ROTX -0.41%

CAPITAL MARKET COMMENTARY

Bucharest stocks traded mostly lower on Wednesday with the BET index falling 0.42% bucking the trend across Europe. Romanian lender BRD-Groupe Societe Generale led blue-chip decliners dropping 1.60%. The total equity turnover of the BVB stood at RON 14.51 million lei (EUR2.9 million euro).
(Source: Bucharest Stock Exchange – BVB)

BET Index Constituents

CompanyPriceVar. (%)
ANTIBIOTICE S.A.2.60000.00
AQUILA PART PROD COM1.1500-0.43
BANCA TRANSILVANIA S.A.27.4500-0.36
BRD – GROUPE SOCIETE GENERALE S.A.18.4000-1.60
C.N.T.E.E. TRANSELECTRICA41.8500-0.83
Digi Communications N.V.66.6000-0.30
FONDUL PROPRIETATEA0.32641.12
MedLife S.A.5.95002.59
OMV PETROM S.A.0.7150-0.69
ONE UNITED PROPERTIES0.42000.36
Premier Energy PLC19.7000-1.50
PURCARI WINERIES PUBLIC COMPANY LIMITED14.4200-0.69
S.N. NUCLEARELECTRICA S.A.41.3500-0.12
S.N.G.N. ROMGAZ S.A.5.3600-0.56
S.N.T.G.N. TRANSGAZ S.A.24.3000-0.61
S.P.E.E.H. HIDROELECTRICA S.A.123.6000-0.32
SOCIETATEA ENERGETICA ELECTRICA S.A.13.9000-0.71
Sphera Franchise Group40.70000.49
TERAPLAST SA0.4410-0.34
TTS (TRANSPORT TRADE SERVICES)4.68000.43