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BVB’s financing rounds exceed €1.5bln in the first 10 months

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The Bucharest Stock Exchange (BVB) announced on Monday that the financing rounds carried out through BVB exceeded €1.5bln and it stated that in the first ten months of the year, 25 bond issues, 9 new government securities issues and 19 share issues were listed, according to a press release. 

„The total capitalization of companies from the Regulated Market and AeRO reached RON 232bln (€47bln) at the end of October, an increase of over 40% only this year,” said BVB.

BVB stated the total value of transactions on the Regulated Market with all types of financial instruments reached €3.16bln, up 17.3% compared to the first ten months of the previous year.

The Romanian capital market registered a 35.1% increase for companies in the BET-TR index, which also includes dividends, and by 28.5% for the 19 most liquid companies included in the BET index. 

„The Romanian stock market has proven that it can finance significant projects both in terms of numbers and volumes. For this year, we are talking about a record number of rounds of financing through bond and share issues, with a cumulative value exceeding €1.5bln. In the last three years, funding rounds of about €3.5bln took place at BVB,” said Radu Hanga the President of BVB.  

„The success of the financing rounds carried out so far demonstrates that we have managed to fulfil at the level of BVB the fundamental role of supporting the Romanian economy,” stated Adrian Tanase, BVB’s CEO.