MARKET MOVING NEWS
ECONOMY
Land Market Stability: Romania’s land market demonstrated resilience in 2024, with transaction volumes holding steady at approximately EUR 450 million, mirroring 2023 figures. This stability occurred despite prevailing economic and political uncertainties, as reported by Colliers.
FINANCE
Government Bond Auctions: The Ministry of Finance successfully raised RON 2.02 billion from banks on March 10th through two government bond auctions, with average annual yields of 6.64% and 7.39%, respectively.
State Bank Capitalization: The 2025 budget law includes proposed capital increases for state-owned banks: RON 1 billion (EUR 200 million) for CEC Bank and RON 1.25 billion (EUR 250 million) for Exim Banca Românească. These increases are subject to European Commission approval.
Regional Investment Surge: Romanian investors significantly increased their regional acquisition activity in 2023, spending EUR 577 million, a threefold increase compared to 2022, according to the Emerging Europe M&A Report 2024/2025 by CMS and EMIS.
Potential IPO: Graffiti Plus (GRF+), a leading Romanian communication consultancy, announced its intention to list on the Bucharest Stock Exchange in 2025.
COMPANIES
Merger & Acquisition: The Romanian Competition Council has approved Emma Zeta Limited’s acquisition of Diamedix Impex SA.
Tech Acquisition: AROBS Transilvania Software, a prominent Bucharest Stock Exchange-listed tech company, has completed the acquisition of SVT Electronics, a transportation electronics developer based in Targu-Mures, which had a RON 11 million turnover and RON 4.5 million profit in 2024.
Innovation Hub: NYSE-listed IBM, in collaboration with Amazon Web Services (AWS), has launched a new Innovation Lab in Bucharest at the IBM Client Innovation Centre, serving clients across 22 countries.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9772 | GBP 5.9066 |
| USD 4.5677 | CHF 5.1803 |
| BGN 2.5448 | MDL 0.2549 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET 0.43% BET-TR 0.43% BET-FI 0.07% BET-NG 0.75% BET-EF 0.59% BET-XT 0.44%, BET-BK 0.23% BET AeRO -0.82% ROTX 0.42% |
CAPITAL MARKET COMMENTARY
| The Bucharest Stock Exchange (BSE) closed higher on Tuesday defying the broader negative sentiment across Europe as U.S.-Canada trade tensions escalated. The BET index advanced 0.43%, with Purcari Wineries leading blue-chip gainers, rising 1.91%. |
BET Index Constituents
| Company | Price | Change (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.4300 | 0.83 |
| AQUILA PART PROD COM | 1.4200 | 0.71 |
| BANCA TRANSILVANIA S.A. | 28.4500 | -0.35 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 18.4600 | 1.21 |
| C.N.T.E.E. TRANSELECTRICA | 45.7000 | 0.00 |
| Digi Communications N.V. | 67.0000 | 0.00 |
| FONDUL PROPRIETATEA | 0.3552 | -0.39 |
| MedLife S.A. | 5.9900 | -1.96 |
| OMV PETROM S.A. | 0.7425 | 0.34 |
| ONE UNITED PROPERTIES | 19.9800 | -0.10 |
| Premier Energy PLC | 19.3000 | 1.05 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.9600 | 1.91 |
| S.N. NUCLEARELECTRICA S.A. | 41.5000 | 0.97 |
| S.N.G.N. ROMGAZ S.A. | 5.9800 | 1.70 |
| S.N.T.G.N. TRANSGAZ S.A. | 28.5000 | -0.35 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 122.0000 | 0.74 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 13.4200 | 1.67 |
| Sphera Franchise Group | 41.2000 | 0.00 |
| TERAPLAST SA | 0.4195 | 0.48 |
| TTS (TRANSPORT TRADE SERVICES) | 4.7800 | 1.70 |
