MARKET MOVING NEWS
ECONOMY
-Romania’s Interim President Ilie Bolojan cautioned on April 8th that new US trade tariffs would negatively impact the Romanian economy, even if the direct effects are limited.
-Romania’s trade deficit significantly increased by 35.1% year-on-year to EUR 5.62 billion in the first two months of 2025, according to INS data released today.
-A March 2025 INSCOP Research survey (margin of error +/-3.1%) indicates strong public support for increased foreign investment (67.9%) and expansion of Romanian companies within the EU (82.1%), reflecting confidence in local entrepreneurship.
FINANCE
-The Romanian mergers and acquisitions (M&A) market saw a decrease in activity in Q1 2025, with 51 transactions totaling an estimated USD 1 billion. This represents a 25% drop in deal volume and a 29% decrease in value compared to Q4 2024 (EY analysis).
-Reports from Ziarul Financiar suggest that Morgan Stanley and David Hay may consider selling the America House office building in Bucharest for around EUR 100 million.
-UniCredit Bank and the EBRD have finalized a synthetic securitization agreement covering a portfolio of approximately EUR 775 million in loans to Romanian SMEs and companies.
COMPANIES
-A Bestjobs survey reveals that a significant majority of Romanians (58%) have had to enhance their skills to maintain or advance their careers, a trend increasingly evident in candidate CVs.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9775 | GBP 5.7821 |
| USD 4.5115 | CHF 5.3594 |
| BGN 2.5449 | MDL 0.2549 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET % -2.98 BET-TR -2.98% BET-FI -0.90% BET-NG -2.96% BET-EF -3.02% BET-XT -2.79%, BET-BK -2.79% BET AeRO -1.35% ROTX-2.98% |
CAPITAL MARKET COMMENTARY
| Bucharest stocks experienced a sharp downturn at the close of Wednesday’s trading session, driven by growing uncertainty surrounding the global economic outlook. The benchmark BET index registered a substantial loss of 2.98%. Among blue-chip stocks, Transgaz saw the most significant decline, with its shares plummeting by 4.85%. |
BET Index Constituents
| Company | Price | Change (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.1300 | -1.62 |
| AQUILA PART PROD COM | 1.2900 | -4.02 |
| BANCA TRANSILVANIA S.A. | 26.7000 | -3.40 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 17.8400 | -2.30 |
| C.N.T.E.E. TRANSELECTRICA | 39.7000 | -3.99 |
| Digi Communications N.V. | 62.8000 | -3.38 |
| FONDUL PROPRIETATEA | 0.3540 | -2.75 |
| MedLife S.A. | 5.9900 | -2.28 |
| OMV PETROM S.A. | 0.6955 | -2.04 |
| ONE UNITED PROPERTIES | 17.7600 | -3.48 |
| Premier Energy PLC | 18.3400 | -3.58 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.0000 | -2.78 |
| S.N. NUCLEARELECTRICA S.A. | 38.9000 | -3.47 |
| S.N.G.N. ROMGAZ S.A. | 5.6700 | -4.38 |
| S.N.T.G.N. TRANSGAZ S.A. | 26.5000 | -4.85 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 119.4000 | -2.61 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 11.8000 | -2.16 |
| Sphera Franchise Group | 39.8000 | -4.10 |
| TERAPLAST SA | 0.3550 | -2.47 |
| TTS (TRANSPORT TRADE SERVICES) | 3.8900 | -0.77 |
