MARKET MOVING NEWS
ECONOMY
-In its latest report, the European Bank for Reconstruction and Development (EBRD) projects Romania’s economy to grow by just 1.8% in 2025, citing political instability as a key factor eroding investor and consumer confidence.
-Data from the Finance Ministry reveals that Romania’s general consolidated budget recorded a deficit of RON11 billion in January 2025, equivalent to 0.58% of GDP. This marks an increase from the RON7.89 billion deficit, or 0.45% of GDP, reported in January 2024.
FINANCE
– The Romanian Finance Ministry has announced plans to issue Fidelis government bonds for retail investors between March 7 and 14, 2025. On Thursday, February 27, the ministry raised RON500 million from banks through the sale of government securities maturing in 2035, with annual average yields of 7.33%.
-The Bucharest Stock Exchange (BVB), Romania’s capital market operator, reported consolidated operating revenues of RON77 million for 2024, representing a 7% decline from the previous year. Net profit fell sharply by 60%, reaching RON10.65 million.
COMPANIES
-One United Properties (BVB: ONE), Romania’s leading green developer specializing in residential, mixed-use, and office real estate, posted preliminary results for 2024, showing a turnover of RON1.4 billion, down 7% compared to 2023. Net profit also decreased by 15% year-on-year to RON381 million.
-In contrast, Santierul Naval Orsova (SNO.RO), a prominent shipyard, ended 2024 on a positive note, reporting a net profit of RON5.94 million, up 71.9% from 2023, while revenue rose slightly by 0.3% to RON99.8 million.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9773 | GBP 6.0207 |
| USD 4.7500 | CHF 5.2885 |
| BGN 2.5448 | MDL 0.2548 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET 0.34% BET-TR 0.34% BET-FI -0.29% BET-NG 0.11% BET-EF 0.19% BET-XT 0.26%, BET-BK 0.26% BET AeRO 0.77% ROTX 0.30% |
CAPITAL MARKET COMMENTARY
| Romanian stocks defied the downward trend across Europe, which was driven by U.S. President Donald Trump’s announcement of a 25% tariff on European cars and goods. On Thursday, the BET index, the Bucharest Stock Exchange’s benchmark, advanced by 0.34%. Among individual performers, shares of consumer goods distributor Aquila surged by 5.93%. |
BET Index Constituents
| Company | Price | Change (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.4200 | -0.41 |
| AQUILA PART PROD COM | 1.4300 | 5.93 |
| BANCA TRANSILVANIA S.A. | 29.0500 | 0.35 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 18.2000 | 0.78 |
| C.N.T.E.E. TRANSELECTRICA | 45.4000 | -0.98 |
| Digi Communications N.V. | 68.0000 | 0.89 |
| FONDUL PROPRIETATEA | 0.3660 | -0.05 |
| MedLife S.A. | 5.9900 | 1.87 |
| OMV PETROM S.A. | 0.7585 | 0.07 |
| ONE UNITED PROPERTIES | 20.4000 | -0.97 |
| Premier Energy PLC | 19.1000 | 0.84 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.5400 | 0.41 |
| S.N. NUCLEARELECTRICA S.A. | 41.9000 | -0.12 |
| S.N.G.N. ROMGAZ S.A. | 5.9300 | 0.51 |
| S.N.T.G.N. TRANSGAZ S.A. | 28.4000 | 0.53 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 121.0000 | 0.17 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 14.8000 | -0.80 |
| Sphera Franchise Group | 41.1000 | 1.48 |
| TERAPLAST SA | 0.4250 | -0.93 |
| TTS (TRANSPORT TRADE SERVICES) | 5.1500 | 0.19 |
