MARKET MOVING NEWS
ECONOMY
-A recent Foreign Investors Council survey reveals that only 36% of companies plan to increase their investments in Romania this year. This is the lowest figure recorded since 2020, signaling a significant decline in investor confidence. This trend could have serious implications for Romania’s economic growth and job creation.
-Romania’s labor market is facing one of its toughest starts to a year in the last ten years. Thousands of layoffs have already occurred, and even more are expected in the coming months, Ziare.com reported.
-According to the National Bank of Romania, remittances in 2024 totaled EUR 6.7 billion, representing 2% of the country’s GDP. This highlights the substantial role these funds play in the Romanian economy.
-Libra Internet Bank forecasts that inflation will remain above 3.5% in 2025, adding to the economic challenges.
FINANCE
-ING Bank Romania reported 2024 revenues of RON 3.8 billion, a 13% year-over-year increase, and a profit exceeding RON 1.8 billion.
-Subscriptions to Fidelis government bonds in the debut edition of 2025 (7-14 February 2025) the first such monthly offering, stood at about RON 4.3 billion.
-Transilvania Investments Alliance (TRANSI.RO) saw its 2024 net profit fall by 55% year-over-year to RON 105.8 million.
COMPANIES
-iPath, the first Romanian unicorn listed on the NYSE, is closing its Quality Assurance department in Romania as part of a shift to automated testing.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9770 | GBP 5.9787 |
| USD 4.7452 | CHF 5.2678 |
| BGN 2.5447 | MDL 0.2556 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET -0.24% BET-TR -0.24% BET-FI 0.41% BET-NG -0.42% BET-EF -0.33% BET-XT -0.21%, BET-BK-0.06% BET AeRO -0.25% ROTX -0.25% |
CAPITAL MARKET COMMENTARY
| Bucharest’s BET index kicked off the new trading week in the red bucking the trend across Europe. The benchmark BET index fell 0.24%. Romanian state-owned gas pipeline operator Transgaz led bluechip decliners with its shares dropping 1.79%. |
BET Index Constituents
| Company | Price | Change (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.4400 | -1.61 |
| AQUILA PART PROD COM | 1.3000 | -0.76 |
| BANCA TRANSILVANIA S.A. | 28.6500 | -0.17 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 18.5400 | 0.22 |
| C.N.T.E.E. TRANSELECTRICA | 47.2000 | -0.74 |
| Digi Communications N.V. | 66.8000 | 0.00 |
| FONDUL PROPRIETATEA | 0.3566 | 0.56 |
| MedLife S.A. | 5.8600 | -0.51 |
| OMV PETROM S.A. | 0.7575 | 0.33 |
| ONE UNITED PROPERTIES | 20.2000 | 1.30 |
| Premier Energy PLC | 19.2200 | -0.16 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.3800 | -0.55 |
| S.N. NUCLEARELECTRICA S.A. | 41.3000 | -1.08 |
| S.N.G.N. ROMGAZ S.A. | 5.9000 | -1.01 |
| S.N.T.G.N. TRANSGAZ S.A. | 27.4500 | -1.79 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 122.3000 | -0.49 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 14.8000 | 0.00 |
| Sphera Franchise Group | 40.6000 | 0.00 |
| TERAPLAST SA | 0.4345 | 3.70 |
| TTS (TRANSPORT TRADE SERVICES) | 5.0400 | -0.40 |
