The Bucharest Stock Exchange was influenced throughout its operation by the social and political events of the time, being closed during the First World War. After reopening, it underwent significant developments for a period of 7 years, followed by another 7 years of accelerated downfall.
The stock exchange activity was suspended in 1948, following the establishment of the communist rule and the beginning of nationalization. At the time, the stock listed shares issued by 93 companies and 77 fixed income securities (bonds).
Almost 50 years later, the Bucharest Stock Exchange was reestablished in 1995 and held the first trading session on November 20, 1995.
From then onwards, the Bucharest Stock Exchange has developed continuously. In 2010, the Bucharest Stock Exchange was listed on its own regulated market. In the same year, an alternative trading system was launched, serving SMEs and start-up companies in search of finance.
Most of the largest companies in Romania are listed on the Bucharest Stock Exchange, such as OMV Petrom S.A., S.N.G.N. Romgaz S.A., Fondul Proprietatea, Banca Transilvania, Electrica and Transgaz.
Nowadays, the Bucharest Stock Exchange is building a competitive capital market in Central and Eastern Europe, providing financing opportunities for companies looking to raise funds on the Romanian capital market.
The BSE has experienced an increasing capital flow from retail and institutional investors, both national and international.
The Romanian capital market has placed itself on an ambitious development track and the future growth perspectives are optimistic, considering the declared intent to become an “emerging market” according to Morgan Stanley Capital International classification.
Vienna Stock Exchange
BT Capital Partners is the first Romanian financial intermediary licensed to trade directly on the Vienna Stock Exchange.
The Vienna Stock Exchange is an attractive market to a large number of foreign investors and has built a tradition in public education about the importance of active capital markets for the economy.
The mutually beneficial interaction between the stock exchange and the lawmakers resulted in a prosperous capital market.
Austrian companies are leaders on the niche markets, operating successfully in Eastern Europe as well.
Vienna Stock Exchange offers investors a wide range of investment alternatives, transparency, regional indices and products.