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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

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Bucharest Stock Exchange top index climbs to new all-time high

The Bucharest Stock Exchange’s blue-chip index BET went up by 1.6% on Friday (June 25) to close at a new record high of 11,875 points.

The BET climbed above 11,000 points for the first time at the end of March, breaking its previous record set in July 2007, and since then, it has continued to set new highs.

The Romanian capital market’s evolution is correlated to that of big markets in Western Europe, which are also at or close to all-time highs. The European markets have been boosted by positive data that show a robust post-pandemic recovery.

The BET has gained 21% since the beginning of this year. Meanwhile, the BET-TR, which also includes the dividends paid by the BET companies, has returned almost 25% year-to-date.

The BET’s top performers this year are industrial group Teraplast (TRP), whose shares have doubled since the beginning of this year, nuclear power producer Nuclearelectrica (SNN), up 60%, and medical services provider MedLife (M), up over 55%. Investment fund Fondul Proprietatea (FP) is also up by almost a third this year.

andrei@romania-insider.com

(Photo source: Inquam Photos/Diana Oros)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB

 

Bucharest Stock Exchange top index climbs to new all-time high

The Bucharest Stock Exchange’s blue-chip index BET went up by 1.6% on Friday (June 25) to close at a new record high of 11,875 points.

The BET climbed above 11,000 points for the first time at the end of March, breaking its previous record set in July 2007, and since then, it has continued to set new highs.

The Romanian capital market’s evolution is correlated to that of big markets in Western Europe, which are also at or close to all-time highs. The European markets have been boosted by positive data that show a robust post-pandemic recovery.

The BET has gained 21% since the beginning of this year. Meanwhile, the BET-TR, which also includes the dividends paid by the BET companies, has returned almost 25% year-to-date.

The BET’s top performers this year are industrial group Teraplast (TRP), whose shares have doubled since the beginning of this year, nuclear power producer Nuclearelectrica (SNN), up 60%, and medical services provider MedLife (M), up over 55%. Investment fund Fondul Proprietatea (FP) is also up by almost a third this year.

andrei@romania-insider.com

(Photo source: Inquam Photos/Diana Oros)

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