MARKET MOVING NEWS
ECONOMY
-Retail sales volume in Romania (excluding motor vehicles and motorcycles) grew by 4.1% in unadjusted data and by 3.2% when adjusted for seasonality and working days, in January 2025 compared to January 2024, according to the National Institute of Statistics (INS).
-Hourly labor costs, adjusted for the number of working days, increased by 0.76% in Q4 2024 compared to Q3 2024, according to INS.
-Romania-Vietnam trade reached USD 402.2 million in the first 11 months of 2024, up 11.3% year-on-year, as per data from the Bucharest Chamber of Commerce and Industry (CCIB).
-Romania’s hotel market experienced record-breaking growth, with over 25 million overnight stays in 2024, marking a 30-year high. The surge was fueled by increasing foreign tourism and high demand for modern hotels, according to Colliers’ annual report.
FINANCE
-Romania’s Finance Ministry raised RON 1.9 billion from banks on Thursday (March 6), selling government securities in two auctions at annual average yields of 7.29% and 7.65%, respectively.
-A new public offering for Fidelis government bonds dedicated to retail investors will be carried out between March 7-14. This marks the second Fidelis offering in 2025 and the 22nd since the program’s resumption in July 2020. Since 2020, the Ministry of Finance has raised over RON 45 billion (EUR 9 billion) from individual investors.
-Romania’s Competition Council has signed a financing contract for the development of Regas 2, a new platform to monitor and control state aid granted from national and EU funds.
COMPANIES
The most dynamic sectors in Romania’s office leasing market over the past five years have been: IT & Technology, Manufacturing & Industry, Healthcare & Pharmaceuticals. These three sectors accounted for over half of all new office space demand, according to real estate consultancy Cushman & Wakefield Echinox.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9760 | GBP 5.9344 |
| USD 4.6098 | CHF 5.1961 |
| BGN 2.5442 | MDL 0.2558 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET 0.47% BET-TR 0.47% BET-FI 0.28% BET-NG 0.07% BET-EF 0.45% BET-XT 0.47%, BET-BK 0.48% BET AeRO 0.59% ROTX 0.44% |
CAPITAL MARKET COMMENTARY
| Bucharest stocks closed higher on Thursday, tracking gains across European markets, following the European Central Bank’s (ECB) 25-basis-point rate cut. Romania’s benchmark BET Index climbed 0.47%, with Transelectrica leading blue-chip gains as its stock jumped 1.98%. |
BET Index Constituents
| Company | Price | Change (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.4100 | 0.42 |
| AQUILA PART PROD COM | 1.4000 | 0.00 |
| BANCA TRANSILVANIA S.A. | 28.5500 | 1.60 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 18.1800 | 0.89 |
| C.N.T.E.E. TRANSELECTRICA | 46.2500 | 1.98 |
| Digi Communications N.V. | 67.2000 | 1.82 |
| FONDUL PROPRIETATEA | 0.3582 | 0.00 |
| MedLife S.A. | 5.9400 | 1.54 |
| OMV PETROM S.A. | 0.7380 | -0.87 |
| ONE UNITED PROPERTIES | 20.0500 | -3.84 |
| Premier Energy PLC | 19.0000 | 0.53 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.5200 | 0.00 |
| S.N. NUCLEARELECTRICA S.A. | 40.8000 | -0.37 |
| S.N.G.N. ROMGAZ S.A. | 5.9200 | 1.02 |
| S.N.T.G.N. TRANSGAZ S.A. | 28.5500 | 0.18 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 120.4000 | 0.92 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 13.5800 | -2.86 |
| Sphera Franchise Group | 41.5000 | 1.22 |
| TERAPLAST SA | 0.4190 | 0.60 |
| TTS (TRANSPORT TRADE SERVICES) | 4.7250 | 0.53 |
