MARKET MOVING NEWS
ECONOMY
-According to the National Institute of Statistics (INS), the average total monthly income in Q4/2024 reached RON 8,568 per household, or RON 3,424 per person in nominal terms. This marks a 3.8% increase both per household and per person compared to Q3/2024.
-Retail trade remained solid. In February 2025, retail sales volume (excluding motor vehicles and motorcycles) increased by 1.1% in unadjusted terms and by 3.3% in seasonally adjusted terms year-over-year, reflecting improved consumer demand and broader economic stability.
FINANCE
-The National Bank of Romania (NBR), during its Board meeting held on April 7, decided to maintain the key interest rate at 6.5%, marking the third consecutive rate hold in 2025. The decision aligns with efforts to control inflation while supporting growth.
-On the same day, the Finance Ministry raised RON 897 million from the domestic banking sector through two auctions of government securities, with average annual yields of 7.10% and 7.22%, respectively.
-Romania’s mergers and acquisitions (M&A) market saw 57 deals in Q1/2025, an 8% increase in volume compared to Q1/2024. However, the total deal value declined 30%, down to EUR 968 million, according to data analyzed by PwC Romania, reflecting ongoing valuation adjustments in the deal-making environment.
COMPANIES
-Hidroelectrica (stock symbol: H2O.RO), Romania’s largest electricity producer, has signed a contract for a lithium-ion battery storage system at the Crucea Nord Wind Farm, following a successful tender.
-The Romanian Competition Council has approved the acquisition of Toshiba Materials Co., Ltd. by Japan’s Niterra Co., Ltd.
-Liberty Galați, Romania’s largest integrated steel producer, is expected to restart its primary steel production operations on April 22, according to Cornel Moisescu, the Head of Primary at the company.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9774 | GBP 5.8379 |
| USD 4.5431 | CHF 5.3277 |
| BGN 2.5449 | MDL 0.2549 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET -2.38% BET-TR -2.38% BET-FI -0.61% BET-NG -1.97% BET-EF -2.27% BET-XT -2.18%, BET-BK -2.15% BET AeRO -0.62% ROTX -2.30% |
CAPITAL MARKET COMMENTARY
| The Bucharest Stock Exchange (BVB) traded in the red on Monday with the benchmark BET index plunging 2.38%. Purcari Wineries led blue-chip losers as the company saw its shares tanking 5.21%. |
BET Index Constituents
| Company | Price | Change (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.0500 | -2.38 |
| AQUILA PART PROD COM | 1.3020 | -1.74 |
| BANCA TRANSILVANIA S.A. | 26.4400 | -3.15 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 17.5000 | -2.56 |
| C.N.T.E.E. TRANSELECTRICA | 39.6000 | -3.65 |
| Digi Communications N.V. | 63.1000 | -2.62 |
| FONDUL PROPRIETATEA | 0.3565 | -1.74 |
| MedLife S.A. | 6.0300 | -2.43 |
| OMV PETROM S.A. | 0.7050 | -2.08 |
| ONE UNITED PROPERTIES | 17.5200 | -3.63 |
| Premier Energy PLC | 18.9000 | -1.05 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 13.8400 | -5.21 |
| S.N. NUCLEARELECTRICA S.A. | 38.5000 | -1.28 |
| S.N.G.N. ROMGAZ S.A. | 5.7000 | -2.73 |
| S.N.T.G.N. TRANSGAZ S.A. | 26.3500 | -3.13 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 118.2000 | -1.66 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 11.2800 | 0.71 |
| Sphera Franchise Group | 39.3000 | -4.15 |
| TERAPLAST SA | 0.3490 | -4.25 |
| TTS (TRANSPORT TRADE SERVICES) | 3.8100 | -2.31 |
