| Bursa de Valori București | |
 | |
 | |
| Type | Stock exchange |
|---|---|
| Location | Bucharest, Romania |
| Coordinates | 44°27′08.8″N 26°04′58.3″E / 44.452444°N 26.082861°E |
| Founded | 1 December 1882 April 21, 1995 (reopened) |
| Owner | Listed company from June 2010 on its own regulated market |
| Key people | |
| Currency | RON |
| No. of listings | 86 (2024)[1] |
| Market cap | $74 billion (2024)[1] |
| Volume | 7.2 billion (2024)[1] |
| Indices | |
| Website | bvb |
The Bucharest Stock Exchange (Romanian: Bursa de Valori București, BVB) is the stock exchange of Romania located in Bucharest. In 2023, the BVB's market capitalization increased by 52.7% to $64.9 billion.[1] As of 2023[update], there were 85 companies listed on the BVB.[1]
The capitalization of the Romanian capital market in relation to GDP was of 17.9% at the end of 2019.[2] That same year, the stock exchange indices reached their highest level in the past 10 years.[3] The BET index went up 35% and the BET-TR rose more rapidly, by 47%, against the dividends distributed by the companies.[4]
As of 31 December 2019[update], the most liquid company within the BVB’s main (Regular) market was Banca Transilvania (TLV), which owns approximately 30% of the total traded value. The following most liquid companies were Fondul Proprietatea (FP), BRD - Groupe Société Générale (BRD), Romgaz (SNG) and OMV Petrom (SNP).[5]
In September 2020, the Bucharest Stock Exchange was promoted from the category of Frontier Market to the category of Secondary Emerging Market by the FTSE Russell rating agency.[6]
On 23 August 2023, the company formed EuroCTP as a joint venture with 13 other stock exchanges, in an effort to provide a consolidated tape for the European Union, as part of the Capital Markets Union proposed by the European Commission.
- ^ a b c d e "General statistics". www.bvb.ro. Retrieved 2023-12-20.
- ^ PricewaterhouseCoopers. "Studiu PwC România: BVB a pierdut de la începutul anului 34% din capitalizare, dar pe termen lung randamentul indicilor rămâne peste cel al obligațiunilor de stat". PwC (in Romanian). Retrieved 2020-11-09.
- ^ "BVB - History". www.bvb.ro. Retrieved 2020-11-09.
- ^ "BVB - History". www.bvb.ro. Retrieved 2020-11-09.
- ^ "Evoluția pieței de capital la 31 decembrie 2019". Archived from the original on 2020-12-05. Retrieved 2020-11-09.
- ^ "FTSE Equity Country Classification September 2020 Annual Announcement" (PDF).