Press releases

• According to analysts, the investors retaining shares in the companies listed on the local stock exchange saw as positive the statements from political key persons, who claimed same legislative measures could undergo changes, which last year led the Romanian market to an abrupt decline.
• The Romanian capital market as far as the BET index is concerned went up by 10 percent in February, after being in the negative territory at the end of January, and managed to end the first two months on a plus of 4 percent.
• Lucian Anghel, BVB President: At the International Summit organized by BVB in February, from the presentations of the 30 speakers emerged this idea that that capital market is vital to develop the Romanian entrepreneurial businesses and to create wellbeing for millions of Romanians.
• Adrian Tanase, BVB CEO: The local capital market has so much potential to grow, which is why the key projects of the stock exchange will be geared towards turning this potential into existence, the two main directions being the development of the local community of investors and the development of the capital market infrastructure. For all these results to occur, we need to act in a clear and stable legislative framework that stimulated market development, a situation that we hope to see as soon as possible.

CFA Society Romania, member of the CFA Institute (USA) - the investment professionals' association, organized, in the academic year 2018 – 2019, the national phase of the 7^th "CFA Institute Research Challenge".

After a close competition between seven teams of students belonging to universities of Romania and Republic of Moldova, the winning team this year was the one of the Faculty of Finance and Banking within Bucharest University of Economic Studies (FABBV). The team consisted of students Andreea Solomon, Robert Grecu, Luca Nicolae and Alexandru Zarnoeanu, led by Anamaria Ciobanu as coordinating teacher and mentor Andreea Mladin, CFA, volunteer and member of the CFA Society Romania.

• Bucharest Stock Exchange's main index was extended to 16 companies for the first time in its two decades history
• Alro is the 16th company included in BET. Alro is one of the largest vertically integrated aluminium producers in Europe, based on the production capacity  

• BVB and its partners handed 25 awards during this year’s edition of the Inauguration of the Stock Exchange Year
• The sixth edition of the Inauguration Gala was held this year at the National Theatre of Bucharest  

• The registration stage in Made in Romania - 3rd edition starts today on www.bvbleague.ro
• BVB launches a book with the business stories of 15 of the most promising Romanian companies
• BVB relaunches the website dedicated to the Made in Romania program

• The Romanian capital market started 2019 with a drop of nearly 6 percent both for the BET index and the BET-TR index, which also includes the dividends. Only the BET-NG index, which includes the companies in the energy field and utilities, went up last month by 2.4 percent.
• When compared to Europe, the Romanian market posted in January the second biggest decline among the main indices of the stock exchanges from the European Union.

• The shareholders of the Bucharest Stock Exchange (BVB) approved during the Extraordinary General Meeting of Shareholders the establishment of the local Central Counterparty (CCP), a project worth EUR 16 million, to which BVB will contribute up to EUR 10 million. 
• Adrian Tanase, BVB CEO: The trading costs are not going to be higher for brokers nor for clients. The investors will be able to access more investing strategies and, as the market develops, we plan to lower tariffs.
• A key role of the CCP is to act as a warrant for the market integrity by eliminating counterparty risk. The new entity will help diversify the market products by offering derivatives and will be able to double the average daily trading value.

• Lucian Anghel, BVB President: The Romanian capital market went in the negative territory last year following a drop by 4.77 percent of the BET index. The BET-TR index, which also includes the dividends, managed to stay positive, up by 4.3 percent, which – considering the market conditions from the end of 2018 – can be regarded as an outstanding performance
• Adrian Tanase, BVB CEO: The investors need the legislation to be predictable in order to fairly evaluate the opportunities offered by the capital market, where Romanian companies representing about 10 percent of Romania’s Gross Domestic Product operate.

• The Bucharest Stock Exchange (BVB) and the Operator of the Romanian Electricity and Gas Markets (OPCOM) want to collaborate on eliminating the counterparty risk in the capital and energy markets and launching futures contracts having the energy market indices as underlying assets.

• Adrian Tanase: BVB and OPCOM propose that, in addition to the transactions conducted on the markets managed by BVB, the CCP project should provide clearing services for transactions in the energy market from the beginning.
• Victor Ionescu: From the perspective of the electricity market, the centralized markets that OPCOM has made available to its participants, the project of the local Clearing Counterparty proposed by BVB is able to provide a solution to correctly, quickly and safely cope with the counterparty risk.