Acasă » General Interest » Hanga, BVB: The value of listed Romanian companies exceeds 13% of GDP

Hanga, BVB: The value of listed Romanian companies exceeds 13% of GDP

16 December 2022
General Interest
energynomics

The total value of listed Romanian companies exceeds 13.5% of Romania’s gross domestic product (GDP), amounting to approximately 160 billion lei. At the same time, the Bucharest Stock Exchange exceeded the threshold of 100,000 investors for the first time in history, currently having 128,000 investors, announced on Thursday the president of BVB, Radu Hanga.

“Where are we now? 370 companies listed on the Stock Exchange, on the main market and on the Alternative Trading System, total capitalization 150 billion lei and also over 140 listed bond issues. The total value of Romanian companies – approximately 160 of billions of lei. It represents about 13.5% of Romania’s GDP in 2021. Practically, this is the measure of the evolution that the Romanian stock market has seen during the last 26 years,” said Hanga.

“Also, this year, for the first time in the history of the Stock Exchange, we exceeded the threshold of 100,000 investors. We stand at 128,000 investors. In addition to these, there are, of course, approximately 450,000 people who invest indirectly in the stock market through mutual funds, and I salute my colleagues from the asset management industry in Romania, who are with us and help us in this construction we are doing and 7 -8 million Romanians who invest through various pension funds,” added Radu Hanga, according to Agerpres.

He stated that the Bucharest Stock Exchange was established in 1882 by royal decree issued by King Carol I. In 1914, before the start of the First World War, 63 series of shares and 58 bonds were traded on the Romanian stock exchange. The first stock market meeting after the fall of communism took place in 1995. At that time, 6 companies were listed on the Stock Exchange. At the end of that year, 9 companies were listed, and the capitalization was of 26 million lei.

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