Romanian capital market

Romania Capital Market 17.01.2025

MARKET MOVING NEWS

ECONOMY

-Romania had the highest annual inflation rate (5.5%) among European Union (EU) Member States, followed by Hungary (4.8%) and Croatia (4.5%) in December 2024, data from Eurostat, showed. European Union annual inflation was 2.7% in December 2024.

-Romania’s domestic production of primary energy totaled 15.477 million tons of oil equivalent (toe) in the January-November 2024 period, down by 4.7% on an annual basis, data from the National Institute of Statistics (INS) showed.

-Romania’s reported value of the volume index of GDP per capita, calculated on the basis of the Purchasing Power Parity (PPP), stood at 78% in 2023, relative to the European Union (EU) average, followed by Poland and Hungary, with 77% relative to the EU average, INS said.

FINANCE

-State-owned CEC Bank, the third largest bank in Romania, has selected Swiss-based banking software specialist Temenos to modernize its retail and corporate core banking systems.

COMPANIES

-Four of the largest Romanian building companies namely Constructii Erbasu, Bog’ Art, Concelex and CON-A, have joined forces for the first time to participate in tenders for regional hospitals of Craiova, Iasi and Cluj-Napoca, investment projects worth around RON2 billion each, Ziarul Financiar reported.

TODAY’S MARKET DATA

EXCHANGE RATE OF THE NATIONAL LEU CURRENCY

EUR 4.9759GBP 5.8939
USD 4.8284CHF 5.2980
BGN 2.5441MDL 0.2573

(Source: National Bank of Romania BNR)

BUCHAREST STOCK EXCHANGE (BVB) INDICES

BET -0.51% BET-TR -0.51% BET-FI -0.10% BET-NG -0.12% BET-EF -0.43%
BET-XT -0.47%, BET-BK -0.52% BET AeRO -0.73% ROTX -0.48%

CAPITAL MARKET COMMENTARY

Bucharest stocks head into the weekend in the red bucking the trend across Europe. The benchmark BET index was off 0.51%. Transelectrica led bluechip decliners plunging 3.7%.
(Source: Bucharest Stock Exchange – BVB)

BET Index Constituents

CompanyPriceChange (%)
ANTIBIOTICE S.A.2,5800-0,39
AQUILA PART PROD COM1,1550-0,43
BANCA TRANSILVANIA S.A.27,1000-1,09
BRD – GROUPE SOCIETE GENERALE S.A.18,0000-1,21
C.N.T.E.E. TRANSELECTRICA40,3000-3,70
Digi Communications N.V.65,6000-1,80
FONDUL PROPRIETATEA0,3240-1,22
MedLife S.A.5,8600-0,68
OMV PETROM S.A.0,72650,28
ONE UNITED PROPERTIES0,4205-1,06
Premier Energy PLC19,79000,46
PURCARI WINERIES PUBLIC COMPANY LIMITED14,58000,00
S.N. NUCLEARELECTRICA S.A.40,5500-0,25
S.N.G.N. ROMGAZ S.A.5,3500-0,74
S.N.T.G.N. TRANSGAZ S.A.24,4500-0,20
S.P.E.E.H. HIDROELECTRICA S.A.123,50000,00
SOCIETATEA ENERGETICA ELECTRICA S.A.13,78001,03
Sphera Franchise Group40,2000-0,99
TERAPLAST SA0,43950,00
TTS (TRANSPORT TRADE SERVICES)4,6000-2,13