Franklin Templeton accuses Romanian economy minister of lack of knowledge on Salrom listing


Franklin Templeton, the adminstrator of Fondul Proprietatea (FP) expresses its strong disappointment related to the latest statements issued by Mihai Tudose, Minister of Economy regarding his opposition to Salrom’s listing. In this context, FP administrator states that currently, according to ...

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‘Two tigers in Eastern Europe’- Ludwik Sobolewski advocates a partnership between Romania and Poland


It would be advisable for Romania and Poland to get closer, for mutual advantage, before others aim their attention towards them, the Bucharest Stock Exchange General Manager Ludwik Sobolewski advocated in an editorial published on Sunday by the Polish daily ...

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UPDATE Romanian tourism company makes its debut on BVB’s AeRO market. “We want to regain Israeli market”


Today, Tusnad SA (TSND) debuted on the AeRO market of the Bucharest Stock Exchange (BVB), after the transfer from Rasdaq, a press release informs. Tusnad SA is a Romanian tourism company, its major shareholder being SIF Transilvania (SIF3). “We believe ...

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Bucharest Stock Exchange opens 1.7 pc lower after the decline on Monday of over 6 pc


The Bucharest Stock Exchange (BVB) has opened the transactions on Tuesday with a minus of 1.7%, following the Monday decrease of 6.3%, on the background of strong corrections of the European markets caused by investors’ expectations regarding a slowdown of ...

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China’s latest stock market crash hits BVB’s main indexes


China’s benchmark Shanghai Composite index was down more than 8 percent in Monday trading. The market was down 38 percent from its June peak, vox.com informs. Over the last month, the Chinese government has taken extreme measures to reverse the ...

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Property Fund proposes OMV Petrom listing on the London Stock Exchange. Sobolewski: Proof of the local stock market’s underdevelopment


OMV Petrom intends to get listed on the London Stock Exchange, by issuing global depositary receipts based on the company’s shares and the shareholders have been summoned for September 22 to approve the deal. The subject of listing was submitted ...

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Positive impact on Romanian capital market after Fondul Proprietatea’s secondary listing on LSE


Fondul Proprietatea’s liquidity on the the Bucharest Stock Exchange (BVB) shows an increase since the secondary listing on the London Stock Exchange (LSE). According to a press release, , the Fund’s average daily trading value (ADTV) on BVB increased by ...

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Italian businessman wants to revive the legendary Romanian Orex brand watches


Mecanica Fina Bucuresti (MECE) decided at the beginning of this year to enter Bucharest Stock Exchange (BVB) Main Market. Thus, starting this Wednesday, the Romanian company will debut on BVB, in the Standard category, after the transfer from the Rasdaq ...

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Romanian market capitalization – a new all-time high. BET index, at its highest level of the past 7 years


The significant evolution registered in July drove the Romanian market capitalization to a new all-time high, of RON 154.2 million (almost EUR 35 billion), level by 5.87 percent higher compared to the one at the end of June and, at ...

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