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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 

BVB

 

Three major companies traded at BVB doubled value over the past year

A number of 15 companies traded at the Bucharest Stock Exchange (BVB), including two blue chips (Medlife and Teraplast) and real estate developer Impact, boasted price hikes in excess of 100% over the past 12 months, according to calculations of Ziarul Financiar daily.

Over the same 12-month period, the BET index, which includes the most liquid 17 shares, registered an advance of 35.5%.

ZF calculated the price gains over the past year as of September 9 and filtered out the stocks with a total turnover of under RON 1 mln (EUR 0.2 mln) that typically feature high volatility.

The shares of the construction materials manufacturer TeraPlast Bistrita (TRP) brought investors a yield of 265.2% in the last 12 months. Shares worth RON 579 mln were traded. TeraPlast is part of the BET index and is 46.83% owned by entrepreneur Dorel Goia, while the Pillar II pension fund managed by NN Pensii holds 12% of the company's share capital.

The shares of MedLife (M), an integrator of private medical services, rose by 173.5% in the last 12 months, amid transactions worth RON 289 mln. Among the largest shareholders are Mihail Marcu, Chairman of the Board and CEO (15.8%), Nicolae Marcu (10.7%), Mihaela Gabriela Cristescu (14%) and the NN Pensii (12.8%).

The shares of real estate developer Impact Developer & Contractor (IMP), listed on the main market of the Stock Exchange, also brought a significant return to investors: 151.3%, amid transactions worth RON 60.6 mln. Impact is 60% controlled by businessman Gheorghe Iaciu, while Andrici Adrian holds 15.9% of the share capital.

(Photo: Dreamstime)

andrei@romania-insider.com

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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

 

Three major companies traded at BVB doubled value over the past year

A number of 15 companies traded at the Bucharest Stock Exchange (BVB), including two blue chips (Medlife and Teraplast) and real estate developer Impact, boasted price hikes in excess of 100% over the past 12 months, according to calculations of Ziarul Financiar daily.

Over the same 12-month period, the BET index, which includes the most liquid 17 shares, registered an advance of 35.5%.

ZF calculated the price gains over the past year as of September 9 and filtered out the stocks with a total turnover of under RON 1 mln (EUR 0.2 mln) that typically feature high volatility.

The shares of the construction materials manufacturer TeraPlast Bistrita (TRP) brought investors a yield of 265.2% in the last 12 months. Shares worth RON 579 mln were traded. TeraPlast is part of the BET index and is 46.83% owned by entrepreneur Dorel Goia, while the Pillar II pension fund managed by NN Pensii holds 12% of the company's share capital.

The shares of MedLife (M), an integrator of private medical services, rose by 173.5% in the last 12 months, amid transactions worth RON 289 mln. Among the largest shareholders are Mihail Marcu, Chairman of the Board and CEO (15.8%), Nicolae Marcu (10.7%), Mihaela Gabriela Cristescu (14%) and the NN Pensii (12.8%).

The shares of real estate developer Impact Developer & Contractor (IMP), listed on the main market of the Stock Exchange, also brought a significant return to investors: 151.3%, amid transactions worth RON 60.6 mln. Impact is 60% controlled by businessman Gheorghe Iaciu, while Andrici Adrian holds 15.9% of the share capital.

(Photo: Dreamstime)

andrei@romania-insider.com

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