MARKET MOVING NEWS
ECONOMY
-Romania recorded the second-highest annual inflation rate among EU Member States in February 2025, reaching 5.2%, according to Eurostat data released on Wednesday (March 19). Hungary topped the list with 5.7%, followed by Estonia at 5.1%
– New industrial orders in manufacturing (domestic and external markets) declined by 2.8% in nominal terms in January 2025 compared to December 2024, and by 3.5% year-on-year, according to the National Institute of Statistics (INS).
-Construction activity surged, with the volume of construction works increasing by 30.8% (unadjusted data) and by 34.1% (seasonally and working-day adjusted) in January 2025 compared to January 2024, INS reported.
-Bucharest’s office market in 2024 saw the lowest level of new deliveries in two decades, with just one major project completed: AFI Loft, a 16,000-square-meter development, according to Colliers’ annual report.
FINANCE
-The Ministry of Finance (MF) raised over RON 1.4 billion and EUR 168 million (a total of RON 2.2 billion / EUR 452 million) through its second FIDELIS government bond sale of the year, executed via the Bucharest Stock Exchange (BVB).
-Banca Transilvania retained its position as the third most powerful banking brand globally and climbed to 255th place in value, now estimated at $955 million—a 39% increase from 2024, according to the Brand Finance Banking 500 2025 report. The ranking also includes BCR and BRD as Romania’s other representatives.
-CVC Capital Partners, one of the world’s largest private equity firms, is reportedly finalizing the acquisition of local private healthcare provider Regina Maria, according to Ziarul Financiar.
COMPANIES
-Romanian publisher Litera has acquired online marketplace Elefant.ro from its insolvent owner, in a transaction brokered by BDO Business Restructuring, a firm specializing in audit and financial restructuring.
-Turkish conglomerate Koç Holding is planning to expand its medical services division in Romania and is currently scouting land for a EUR 100 million hospital investment, according to Profit.ro.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9768 | GBP 5.9407 |
| USD 4.5871 | CHF 5.2010 |
| BGN 2.5446 | MDL 0.2542 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET 0.09% BET-TR 0.09% BET-FI -0.03% BET-NG 0.13% BET-EF -0.01% BET-XT -0.01%, BET-BK 0.04% BET AeRO -0.36% ROTX 0.04% |
CAPITAL MARKET COMMENTARY
| Romanian stocks closed mostly higher on Thursday. The BET index of the Bucharest Stock Exchange rose 0.16% with One United Properties leading blue-chip gainers as the real estate developer saw its shares surging by 3.77%. |
BET Index Constituents
| Company | Price | Change (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.3200 | 0.87 |
| AQUILA PART PROD COM | 1.4100 | -0.35 |
| BANCA TRANSILVANIA S.A. | 28.6500 | -0.17 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 18.2000 | 0.55 |
| C.N.T.E.E. TRANSELECTRICA | 45.1000 | -0.11 |
| Digi Communications N.V. | 66.6000 | 0.91 |
| FONDUL PROPRIETATEA | 0.3800 | 0.05 |
| MedLife S.A. | 5.9400 | 0.68 |
| OMV PETROM S.A. | 0.7330 | 0.00 |
| ONE UNITED PROPERTIES | 19.2600 | 3.77 |
| Premier Energy PLC | 19.4400 | 1.14 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 15.0000 | 1.49 |
| S.N. NUCLEARELECTRICA S.A. | 40.4000 | 1.00 |
| S.N.G.N. ROMGAZ S.A. | 5.9300 | 0.34 |
| S.N.T.G.N. TRANSGAZ S.A. | 28.2500 | -1.22 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 118.5000 | 0.25 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 12.5800 | -1.10 |
| Sphera Franchise Group | 41.6000 | 0.24 |
| TERAPLAST SA | 0.4120 | 0.00 |
| TTS (TRANSPORT TRADE SERVICES) | 4.5200 | 0.22 |