Economy of Romania

A TAROM flight between Bucharest and Amman returned on Sunday to Bucharest with no passengers aboard due to the crew exceeding the legal rest time after the flight was diverted due to unfavorable conditions in the Jordanian capital.

Photo credit: (c) Adrian CUBA / AGERPRES PHOTO

Romania's exports reached 48.7 billion euro in the first 11 months of 2014, up by 6.5 percent, whilst imports recorded 54 billion euro, by 6 percent higher compared to January to November 2013, according to the data released on Friday by the National Statistics Institute (INS).

Photo credit: (c) Alex MICSIK / AGERPRES ARCHIVE

The subscription period for National Company Nuclearelectrica (SNN) shares related to the share capital increase will start on January 5 and will continue for a period of 31 calendar days, until February 4, 2015, according to an announcement posted on the Bucharest Stock Exchange website.

The main index BET of the top 10 liquid issuers of the Bucharest Stock Exchange (BVB) went up 9.07 percent in 2014 and closed the last trading session of this year at 7.083 points, compared to 6,493.79 points on Dec. 30, 2013.

In 2014 the BET index reached a low of 6,135 points on March 14 and a peak of 7,278.03 points on Oct.1.

The Bucharest Stock Exchange (BVB) is organizing, on Thursday, a specialty conference with the topic of "Perspectives for the development of the municipal bonds market at the Bucharest Stock Market".

The Romanian authorities and the International Monetary Fund (IMF) on Saturday morning held negotiations at the headquarters of the Ministry of Public Finances (MFP) focused on the budget deficit issue, a release from the MFP informs AGERPRES on Saturday.

Photo credit (c) Liviu SOVA / AGERPRES STREAM

The European Bank for Reconstruction and Development has acquired a 4.99% stake in the Bucharest Stock Exchange to back Romania's efforts to strengthen its capital markets.

The European Bank for Reconstruction and Development (EBRD) acquired 4.99 percent of the Bucharest Stock Exchange (BVB) shares, amid such circumstances that the BVB is the centre of the Romanian capital market and the largest stock exchange in Southeastern Europe, the financial institution announced in a release on Wednesday.

Romania has posted the highest Q3, 2014 economic growth in the European Union, on a quarterly basis, according to preliminary estimates released on Friday by the Eurostat European Statistics Office.