Romania Capital Market Review 14.04.25

Romanian capital market

MARKET MOVING NEWS

ECONOMY


-Romania’s annual inflation rate eased slightly to 4.9% in March 2025, down from 5% in January and February, according to data from the National Institute of Statistics (INS).

-Romania’s current account deficit widened significantly, reaching EUR 4.8 billion in January-February 2025 — up 84% from the EUR 2.6 billion recorded in the same period last year, National Bank of Romania data revealed.

-The average net salary rose to RON 5,351 (EUR 1,074) in February 2025, marking a 9.7% increase year-on-year in nominal terms and a 4.5% advance in real terms, adjusted for consumer price growth, according to INS.

-On the real estate front, home sales in Bucharest declined by 5.4% in Q1 2025, while neighboring Ilfov County posted a modest 2.4% increase, a report from real estate consultancy SVN shows.

FINANCE

-Romania’s Finance Ministry raised RON 984 million from local banks on April 10, 2025, through government paper auctions, securing an average annual yield of 7.47%.

-Salt Bank, Romania’s first fully digital neobank, celebrates its one-year anniversary with a major milestone — surpassing 500,000 customers, doubling its initial growth projections.

-In corporate financing, telco giant Digi Communications (DIGI) announced that its Romanian operations, alongside guarantees from its Spanish subsidiary, have executed an incremental facility notice under its Senior Facilities Agreement, dated April 21, 2023. ING Bank N.V., London Branch, acts as facility agent.

COMPANIES

-Belgium’s WDP, Romania’s second-largest industrial space owner after CTP, announced two new pre-leased development projects within its Bucharest-Dragomiresti logistics hub.

-Real estate developer Hagag Development Europe, owned by businessman Yitzhak Hagag, entered a strategic partnership with Niro Investment Group to acquire a 50% stake in the H Herastrau Park project — a mixed-use development comprising retail and office space near Bucharest’s Herastrau Park.

-Romania’s Competition Council is reviewing the transaction whereby AutoWallis Nyrt. and Salvador Caetano Auto SGPS S.A., via NSN RO S.R.L., aim to acquire certain assets of Renault Commercial Roumanie S.R.L.

TODAY’S MARKET DATA

EXCHANGE RATE OF THE NATIONAL LEU CURRENCY

EUR 4.9775GBP 5.7573
USD 4.3683CHF 5.3438
BGN 2.5449MDL 0.2547

(Source: National Bank of Romania BNR)

BUCHAREST STOCK EXCHANGE (BVB) INDICES

BET 0.07% – BET-TR 0.07% BET-FI 0.27% BET-NG 0.00% BET-EF -0.03%
BET-XT 0.10%, BET-BK 0.57% BET AeRO-1.27% ROTX 0.07%
(Source: BVB)

CAPITAL MARKET COMMENTARY

Bucharest stocks traded in the green on Monday mirroring the trend across Europe as investor sentiment rebounded following a temporary US exemption on tech-related tariffs. The benchmark BET index closed up 0.07% with Purcari Wineries leading blue-chip gainers. The leading wine and brandy producer in the Central and Eastern Europe saw its shares climbing 1.68%.

BET Index Constituents

CompanyPriceChange (%)
ANTIBIOTICE S.A.2.1350-0.70
AQUILA PART PROD COM1.30000.62
BANCA TRANSILVANIA S.A.27.70000.36
BRD – GROUPE SOCIETE GENERALE S.A.18.1000-1.09
C.N.T.E.E. TRANSELECTRICA43.50000.00
Digi Communications N.V.65.40000.62
FONDUL PROPRIETATEA0.36700.82
MedLife S.A.6.22001.63
OMV PETROM S.A.0.7130-0.83
ONE UNITED PROPERTIES18.54001.20
Premier Energy PLC19.26000.94
PURCARI WINERIES PUBLIC COMPANY LIMITED14.50001.68
S.N. NUCLEARELECTRICA S.A.39.60001.02
S.N.G.N. ROMGAZ S.A.5.98001.18
S.N.T.G.N. TRANSGAZ S.A.27.40000.00
S.P.E.E.H. HIDROELECTRICA S.A.120.8000-0.25
SOCIETATEA ENERGETICA ELECTRICA S.A.12.40000.32
Sphera Franchise Group40.1500-0.74
TERAPLAST SA0.3725-0.13
TTS (TRANSPORT TRADE SERVICES)4.01000.25