FEAS Yearbook FEAS Yearbook 2021 | Page 48

Bucharest Stock Exchange

Year in revew

About Company

Established: 1995

Address: 34 - 36 Carol I Boulevard 020922, 14th Floor, Bucharest, sector 2

Contact Name: Remus Danila

Email: [email protected]

Website: www.bvb.ro

- Joined FEAS in 2003-

Radu Hanga

President of the Board

Bucharest Stock Exchange and the entire Romanian capital market had very impressive results in 2021. We are in a very good moment for the capital market, which recorded last year multiple all-time highs on different levels, and we can say that the Romanian stock market had one of the best years in history. The results registered in 2021 and, if we look at the broader picture, the evolution of the returns for our main indices BET and BET-TR in the last 10 years confirm that our development projects are going in the right direction and that the capital market is fulfilling its essential mission as a financing platform for the Romanian economy. In 2021, BET went up by 33%, while BET-TR grew by 40%, this being the evolution in the local currency, thus the companies listed on BVB posted the highest market cap ever. In the last 10 years BET index rose by 172%, and if we add-up the dividends paid by the companies in the BET index, the evolution augments to 385%.

In 2021, the total trades exceeded RON 21.6billion (EUR 4.3billion), an all-time high. Also, we registered an increased interest from the population in investing. The number of investors continued to grow in 2021: at the end of December last year, we had almost 82,000 direct investors, a 24% increase compared to December 2020. Also, at the end of 2021, according to the latest available data, we had over 546,000 investors in investment funds. BVB has consolidated its fundamental role as a financing platform for the Romanian economy: 23 companies, attracting EUR 234million financing, and 45 bond issues exceeding EUR 1.8billion, were listed in 2021. It was the best year in terms of listings on BVB and we estimate that many of the trends reported last year will manifest in 2022.

Also, Romania has a very strong IT sector and of course cybersecurity is a major segment in the IT universe, and we are very proud that 8 out of the 23 companies listed in 2021 are IT companies. Of course, these companies are still in the small-cap category, but they are in the right industry and fingers crossed that they fulfil their promises and become our future blue-chips.

The Federation of Euro-Asian Stock Exchanges

Accomplishment

of the year

Project of the year

Word of the year

Person of the year

"BVB Research Hub"

and "Made in Romania"

Ring the bells for new listed stocks and bonds

New brand identity

The growing number of investors, the interest that entrepreneurs have had towards the capital market financing mechanisms and the market evolution.

Our new slogan: ‘Own the future. Invest in it.’

The retail investors.

Event of the year

Change of the year

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