MARKET MOVING NEWS
ECONOMY
-Romania’s economy could face potential headwinds as U.S. President Donald Trump’s proposed 25% tariffs on EU products could disrupt trade flows, according to an analysis by iBanFirst, a leading global provider of foreign exchange and international payments. The United States remains Romania’s second-largest trade partner after the United Kingdom making the country particularly vulnerable to the potential tariffs.
-Romania’s foreign exchange reserves stood at EUR 62.5 billion at the end of February 2025, marking a EUR 1.75 billion increase from the EUR 60.8 billion recorded on January 31, 2025, according to the National Bank of Romania (NBR).
FINANCE
-Banca Transilvania, Romania’s largest lending institution, has successfully completed its merger with OTP Bank Romania, strengthening its market position. Following the merger, Banca Transilvania’s market share has reached 23%, while its total assets saw a 9% increase.
-Vista Bank announced an agreement with Alpha Bank S.A. and its subsidiaries Alpha International Holdings S.M.S.A., under which Vista Bank will acquire 100% of Alpha Leasing (Romania). This acquisition also includes Alpha Insurance Brokerage (Romania), solidifying Vista Bank’s expansion in the financial services sector.
COMPANIES
-Rompetrol Well Services, a key player in wellbore special services, reported a RON 10.3 million net profit in 2024, a 12.6% decrease from the 2023 level.
-Nuclearelectrica (SNN.RO), Romania’s nuclear power producer, posted a RON 1.7 billion net profit in 2024, reflecting a 31.9% decline compared to the RON 2.5 billion reported in 2023, according to its annual financial report to the Bucharest Stock Exchange.
-Aerostar Bacău, a supplier of aerostructures, subassemblies, and hydraulic systems, recorded a RON 95.7 million net profit in 2024, representing a 2.9% increase compared to 2023.
-Sameday, a major courier services provider owned by eMAG Group, has expanded its presence in the IT and digital marketing sector. The company acquired a 24.9% stake in Zitec, previously held by eMAG for the past eight years.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9774 | GBP 6.0274 |
| USD 4.7667 | CHF 5.2900 |
| BGN 2.5449 | MDL 0.2551 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET -0.25% BET-TR -0.25% BET-FI 0.29% BET-NG -0.28% BET-EF -0.15% BET-XT -0.24%, BET-BK -0.54% BET AeRO -0.39% ROTX -0.22% |
CAPITAL MARKET COMMENTARY
| Bucharest stocks traded in the red on Monday, bucking the broader European trend, where markets closed higher on a rally in defense shares. The Romanian benchmark BET index declined 0.25%, with Transport Trade Services (TTS) leading blue-chip losses. TTS shares sank 6.27%, making it the session’s biggest decliner. |
BET Index Constituents
| Company | Price | Var. (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.4000 | -1.23 |
| AQUILA PART PROD COM | 1.3600 | -0.73 |
| BANCA TRANSILVANIA S.A. | 28.6500 | 0.17 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 17.9200 | 0.56 |
| C.N.T.E.E. TRANSELECTRICA | 45.5500 | -1.09 |
| Digi Communications N.V. | 67.6000 | -0.59 |
| FONDUL PROPRIETATEA | 0.3656 | -0.33 |
| MedLife S.A. | 5.8200 | -1.69 |
| OMV PETROM S.A. | 0.7520 | 0.27 |
| ONE UNITED PROPERTIES | 20.2500 | 0.00 |
| Premier Energy PLC | 18.8500 | -0.26 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.3200 | -0.69 |
| S.N. NUCLEARELECTRICA S.A. | 41.4500 | -1.07 |
| S.N.G.N. ROMGAZ S.A. | 5.9200 | 0.34 |
| S.N.T.G.N. TRANSGAZ S.A. | 27.8500 | -2.28 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 119.0000 | 0.25 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 14.2800 | -3.64 |
| Sphera Franchise Group | 39.6000 | -0.25 |
| TERAPLAST SA | 0.4230 | -0.94 |
| TTS (TRANSPORT TRADE SERVICES) | 4.7050 | -6.27 |
