Finance | 17 April, 2025 at 4:35 PM
New government bonds worth €270 million start BVB trading
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.
The bulk of this debt, RON 772.92 billion, was government securities. Borrowing amounted to RON 143.42 billion.
Total revenues amounted to RON 523.9 billion in the first 11 months of 2024, up 12.7%, while expenditures of the consolidated general budget totaled RON 649.6 billion, up 20.6%.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.