Romania becomes emerging market – Fin. min: We are one click away from billions looking to be invested

FTSE Russell, one of the three global capital market index providers (alongside MSCI and S&P Dow Jones), officially promoted Romania to secondary emerging market status on Monday, September 21.

Starting this date, two Romanian companies, lender Banca Transilvania (TLV) and power producer Nuclearelectrica (SNN) were added to the FTSE All-Cap indices dedicated to emerging markets. This move should theoretically open the Romanian capital market to a new category of investors, namely emerging markets funds. At the same time, it should increase the visibility of the Bucharest Stock Exchange (BVB) and locally listed companies.