Increased IPO activity has heightened competitiveness among companies to meet the Bucharest Stock Exchange's criteria for "blue chip" status.
Romanian construction group IBB Holding will issue euro-denominated bonds and list them on the Bucharest Stock Exchange, following a decision of its shareholders.
The number of investors in investment funds also crossed the 700,000 threshold, an advance of more than 37% since mid-2023 and 8.6% since the first quarter of this year.
In mid-June 2024, BlackRock announced that it would be closing several of its ETFs, including its Frontier Market ETFs, citing insufficient liquidity.
The number of investors in the fund also increased more than 12 times in these three years, from 1,483 at the end of February 2021 to 18,265 in February 2024.
This ETF, expected to debut by year-end, will track the SBITOPtr index, the primary equity benchmark of the Ljubljana Stock Exchange, comprising nine Slovenian blue-chip stocks.
Almost 7 out of 10 Romanians have low self-esteem, and 66% do not trust other people, these being the main obstacles in people's personal development.
This investment project will triple production capacity and lead to reduced electricity consumption and carbon footprint.
Since 2004, the company has carried out over 12.5 million technical analyses, directly supporting the Petromidia Navodari and Vega Ploiesti refineries.
However, over 43% do not have savings set aside and are relying on their October salary or plan to take out a loan.