The BET index of the Bucharest Stock Exchange (BVB) has recorded a minus of 1.43% at 10.00h on Friday, in line with the US and Asian markets. The other BVB indices have recorded minuses of 1.14-1.90%. The Wall Street went ...
Read More »Update – BVB closes with 2pc losses on Tuesday, opens Wednesday transactions on the increase
The Bucharest Stock Exchange (BVB) closed down on Tuesday with 2% decreases on all indices, but opened the Wednesday session on the plus after the recent losses. The main index, BET, was up by 1.91% at 10.00h. At the same ...
Read More »Stirom, delisted from the BVB
As of today, Portuguese group BA Vidro, owner of Stirom (STIB), decided glassmaker’s delisting from Bucharest Stock Exchange, a situation which was approved by Romania’s Financial Supervisory Authority (ASF). The delisting conditions were met as MGL Mediterranean Glass, through which ...
Read More »‘Elvila’ furniture producer to be listed on the alternative Bucharest Stock Exchange system
‘Elvila’ furniture producer, owned by businessman Viorel Cataramă, is to be listed, as of Thursday, February 1, on the Bucharest Stock Exchange (BVB). Elvila, a Romanian company founded in 1990, is one of the main brands in the field of ...
Read More »New BVB CEO’s main goal: to make the stock exchange reach its maximum potential in terms of turnover
Bucharest Stock Exchange (BVB) will keep on developing the infrastructure and the environment to reach its maximum potential so that Romania is promoted to the Emerging Market status as a consequence of these developments, Adrian Tanase said at the first ...
Read More »ASF approved Adrian Tanase’s appoinment as CEO of BVB
The Financial Supervisory Authority (ASF) approved the appointment of Adrian Tanase (photo) as CEO of the Bucharest Stock Exchange (BVB), a press release informs. Thus, the mandate as Interim CEO of Marius-Alin Barbu ceases and comes back to his position ...
Read More »Romanian currency in crisis, plunges to the historic low against euro – 4.6599
Romania’s leu has hit rock bottom: 4.6599 against the euro, according to the exchange rate announced by the National Bank of Romania (BNR) on Tuesday after PM Tudose’s official resignation. This is the lowest value for the national currency ever ...
Read More »First financial effect of PM Tudose’s resignation: Bucharest Stock Exchange on the red
The shares of Rompetrol Rafinare, of SIF4 Muntenia and Banca Transilvania have depreciated Tuesday morning on the regulated market of the Bucharest Stock Exchange (BVB), capital.ro reports. Thus, the share price of Rompetrol Rafinare fell by 4.64%, of SIF4 Muntenia ...
Read More »Purcari Wineries plans to float on BVB this Q1
Purcari Wineries announced today its intention to launch an initial public offering (IPO) of up to 49 percent of existing ordinary shares and subsequently float on the Bucharest Stock Exchange (BVB). Purcari is run by Victor Bostan, backed by Horizon ...
Read More »A division of the London Stock Exchange could be set up in Bucharest
The group managing the London Stock Exchange (LSE) is looking for office space of 6,500 square meters in Bucharest, digi24.ro informs, quoting zf.ro. Thus, about 500 jobs would be available in Bucharest. Sources say Romania would have been chosen against ...
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