MARKET MOVING NEWS
ECONOMY
-Romania’s economic growth is projected to gradually accelerate, reaching 3.1% in 2025 and 3.6% in 2026, according to a country risk analysis by Allianz Trade. However, public finances are expected to deteriorate further, with annual budget deficits forecasted to remain above 5% of GDP between 2024 and 2026. Meanwhile, public debt is anticipated to exceed 50% of GDP during this period, raising concerns about fiscal sustainability.
-The pawnbroking market in Romania saw significant expansion in 2024, with total market value exceeding RON 2.5 billion, marking a 25% year-on-year growth compared to 2023. Cosmin Popovici, CEO of MAGNOR, a leading player in the sector and owner of a trading platform for gold, diamond jewelry, electronics, luxury watches, and handbags, highlighted this trend as a reflection of rising demand for alternative financial solutions.
FINANCE
-ROCA Investments, a local private equity firm, has acquired a 20% stake in Adrem, an entrepreneurial group specializing in energy services. The move strengthens ROCA’s presence in the Romanian energy sector, which remains a key focus area for strategic investments.
COMPANIES
-State-owned Nuclearelectrica (SNN.RO), the operator of the Cernavodă Nuclear Power Plant, has signed a RON 26.7 million contract with PPC Energie, a subsidiary of Greek-held PPC, one of Romania’s largest electricity and natural gas suppliers. The deal, disclosed on Tuesday to the Bucharest Stock Exchange, involves wholesale electricity sales for the year 2026.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9771 | GBP 5.9915 |
| USD 4.7573 | CHF 5.2777 |
| BGN 2.5447 | MDL 0.2555 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET 0.68% BET-TR 0.68% BET-FI -0.51% BET-NG 0.82% BET-EF 0.60% BET-XT 0.61%, BET-BK 1.11% BET AeRO 0.16% ROTX 0.65% |
CAPITAL MARKET COMMENTARY
| Bucharest’s stock market closed in positive territory on Tuesday, mirroring gains across European markets, which traded higher amid renewed diplomatic discussions between the United States and Russia regarding the ongoing war in Ukraine. The benchmark BET index rose 0.68%, with consumer goods distributor Aquila leading blue-chip gains, surging 3.08%. |
BET Index Constituents
| Company | Price | Change (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.4400 | 0.00 |
| AQUILA PART PROD COM | 1.3400 | 3.08 |
| BANCA TRANSILVANIA S.A. | 28.6500 | 0.00 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 18.5400 | 0.00 |
| C.N.T.E.E. TRANSELECTRICA | 47.9500 | 1.59 |
| Digi Communications N.V. | 67.0000 | 0.30 |
| FONDUL PROPRIETATEA | 0.3560 | -0.17 |
| MedLife S.A. | 5.9900 | 2.22 |
| OMV PETROM S.A. | 0.7625 | 0.66 |
| ONE UNITED PROPERTIES | 20.7500 | 2.72 |
| Premier Energy PLC | 19.3400 | 0.62 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.5800 | 1.39 |
| S.N. NUCLEARELECTRICA S.A. | 42.0000 | 1.69 |
| S.N.G.N. ROMGAZ S.A. | 5.9000 | 0.00 |
| S.N.T.G.N. TRANSGAZ S.A. | 28.3000 | 3.10 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 123.0000 | 0.57 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 15.0000 | 1.35 |
| Sphera Franchise Group | 41.4000 | 1.97 |
| TERAPLAST SA | 0.4340 | -0.12 |
| TTS (TRANSPORT TRADE SERVICES) | 5.2300 | 3.77 |
