MARKET MOVING NEWS
ECONOMY
-The National Bank of Romania (NBR) signaled that the country’s annual inflation rate will continue to fluctuate in the first half of 2025. After another decline in March—albeit on a slightly higher path than projected in the February 2025 medium-term forecast—inflation is expected to rise modestly in the second quarter, broadly in line with previous estimates.
FINANCE
-The state-owned CEC Bank reported a RON 687.9 million net profit for 2024, a 30% increase year-on-year. Total assets surged by 19%, reaching RON 99.33 billion.
-OMV Petrom (SNP), Romania’s largest company by turnover, registered hydrocarbon production of 107.5 thousand boe/day in Q1 2025—down 3.8% compared to Q1 2024, but up 0.28% over Q4 2024.
-Banca Transilvania was fined RON 24,883 (~EUR 5,000) by the National Supervisory Authority for Personal Data Processing for breaching EU Regulation 2016/679 (GDPR).
COMPANIES
-Transelectrica, Romania’s national grid operator, has budgeted RON 8.54 billion in revenues for 2025 (+8.1% YoY) and expects a RON 153.3 million net profit, down 74.3% from 2024.
-BSOG Energy, a subsidiary of Black Sea Oil & Gas, will invest over EUR 65 million in a new production facility in Romania, in partnership with Unigrains Trading. The factory will produce 57 MW of biomethane and over 250,000 tons/year of organic fertilizer.
-The popular Romanian coffee shop chain 5 to go, with nearly 600 locations, has unveiled a new Espresso franchise model featuring a low-cost, mobile “turnkey” trailer concept designed for areas with limited commercial space.
-France’s hospitality group Accor is launching its Handwritten Collection brand in Romania. The first property, Bucharest Unirii Square – Handwritten Collection, marks the brand’s debut in Southeast Europe.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9772 | GBP 5.8053 |
| USD 4.5556 | CHF 5.3084 |
| BGN 2.5448 | MDL 0.2548 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET 3.47% BET-TR 3.47% BET-FI 1.23% BET-NG 3.15% BET-EF 3.60% BET-XT 3.32%, BET-BK 3.55% BET AeRO 0.57% ROTX 3.47% |
CAPITAL MARKET COMMENTARY
| The Bucharest Stock Exchange (BVB) closed with solid gains on Tuesday, mirroring the upbeat sentiment across global markets. Investors responded positively to news that the United States is preparing to enter negotiations on newly imposed tariffs, easing concerns over prolonged trade tensions. The benchmark BET index rallied 3.47%, marking one of its strongest daily performances in recent weeks. Electrica led the blue-chip advance, with its shares soaring 6.91%, as investor appetite returned amid renewed market optimism. |
BET Index Constituents
| Company | Price | Change (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.1650 | 5.61 |
| AQUILA PART PROD COM | 1.3440 | 3.23 |
| BANCA TRANSILVANIA S.A. | 27.6400 | 4.54 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 18.2600 | 4.34 |
| C.N.T.E.E. TRANSELECTRICA | 41.3500 | 4.42 |
| Digi Communications N.V. | 65.0000 | 3.01 |
| FONDUL PROPRIETATEA | 0.3640 | 2.10 |
| MedLife S.A. | 6.1300 | 1.66 |
| OMV PETROM S.A. | 0.7100 | 0.71 |
| ONE UNITED PROPERTIES | 18.4000 | 5.02 |
| Premier Energy PLC | 19.0200 | 0.63 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.4000 | 4.05 |
| S.N. NUCLEARELECTRICA S.A. | 40.3000 | 4.68 |
| S.N.G.N. ROMGAZ S.A. | 5.9300 | 4.04 |
| S.N.T.G.N. TRANSGAZ S.A. | 27.8500 | 5.69 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 122.6000 | 3.72 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 12.0600 | 6.91 |
| Sphera Franchise Group | 41.5000 | 5.60 |
| TERAPLAST SA | 0.3640 | 4.30 |
| TTS (TRANSPORT TRADE SERVICES) | 3.9200 | 2.89 |
