Romania Capital Market Review 05.03.25

Romanian capital market

MARKET MOVING NEWS

ECONOMY

Romania-Poland Trade Soars – Bilateral trade between Poland and Romania surged to €11.05 billion in 2023, marking a 27% increase since 2020. The Polish Investment and Trade Agency (PAIH) expects the figure to exceed €14 billion for the 2024 fiscal year.

Job Market Activity Accelerates – Over 2 million applications have been submitted on eJobs.ro since the start of 2025 for nearly 50,000 job openings. The average application rate per job stands at 45.4, reflecting a 15% increase compared to the same period in 2024, according to eJobs analysis.

FINANCE

-Expanded Investment Scope for Pension Funds – A draft government emergency ordinance proposes raising the investment limit for Pillar II mandatory private pension funds and Pillar III voluntary pension funds in mutual funds from 5% to 10%. The legislation also introduces life-cycle-type funds as a new consideration.

-Raiffeisen Bank Certificates to Trade on BVB – The Bucharest Stock Exchange (BVB) announced that 18 new certificates issued by Raiffeisen Bank International AG will begin trading on Thursday, March 6.
Autonom Expands Stake in Millenium Insurance Broker – Autonom, a leading ride-sharing company, increased its ownership stake in Millenium Insurance Broker (MIB) by acquiring shares worth RON 531,000 from stock market investors.

COMPANIES

Transgaz to Vote on Petrostar Acquisition – State-run national gas transmission operator Transgaz (TGN) has called for an extraordinary general shareholders’ meeting on April 9. The key agenda item is the approval of a 51% stake acquisition in Petrostar SA, based in Ploiesti, Prahova County.

ROCA Industry Plans Expansion – ROCA Industry, Romania’s first industrial holding focused on building materials, announced plans to integrate 8-10 medium-sized building materials companies to accelerate Romania’s industrialization.

Aquila Expands in Hungary – Aquila (AQ.RO), a major player in Romania’s fast-moving consumer goods distribution sector, has successfully completed the acquisition of Kitax Kft in Hungary, reinforcing its regional presence.

TODAY’S MARKET DATA

EXCHANGE RATE OF THE NATIONAL LEU CURRENCY

EUR 4.9770GBP 6.9694
USD 4.6544CHF 5.2472
BGN 2.5447MDL 0.2560

(Source: National Bank of Romania BNR)

BUCHAREST STOCK EXCHANGE (BVB) INDICES

BET 1.48% BET-TR 1.48% BET-FI 0.09% BET-NG 1.79% BET-EF 1.45%
BET-XT 1.36%, BET-BK 1.88% BET AeRO -0.17% ROTX -1.40%
(Source: BVB)

CAPITAL MARKET COMMENTARY

Bucharest stocks closed closed in the green on Wednesday mirroring the firm trend across Europe. The benchmark BET index grew by 1.48% with consumer goods distributor Aquila leading blue-chip gainers. Its shares surged by 5.26%.

BET Index Constituents

CompanyPriceChange (%)
ANTIBIOTICE S.A.2.40000.84
AQUILA PART PROD COM1.40005.26
BANCA TRANSILVANIA S.A.28.10000.36
BRD – GROUPE SOCIETE GENERALE S.A.18.02001.24
C.N.T.E.E. TRANSELECTRICA45.35002.37
Digi Communications N.V.66.0000-0.30
FONDUL PROPRIETATEA0.3582-0.67
MedLife S.A.5.85001.74
OMV PETROM S.A.0.74452.97
ONE UNITED PROPERTIES20.85004.77
Premier Energy PLC18.90001.50
PURCARI WINERIES PUBLIC COMPANY LIMITED14.52002.11
S.N. NUCLEARELECTRICA S.A.40.95001.49
S.N.G.N. ROMGAZ S.A.5.86001.03
S.N.T.G.N. TRANSGAZ S.A.28.50002.52
S.P.E.E.H. HIDROELECTRICA S.A.119.30001.10
SOCIETATEA ENERGETICA ELECTRICA S.A.13.98001.01
Sphera Franchise Group41.00004.06
TERAPLAST SA0.41651.09
TTS (TRANSPORT TRADE SERVICES)4.70001.73