|
Bursa De Valori Bucuresti
The Bucharest Stock Exchange (, BVB) is the stock exchange of Romania located in Bucharest. In 2023, the BVB's market capitalization increased by 52.7% to $64.9 billion. , there were 85 companies listed on the BVB. The capitalization of the Romanian capital market in relation to GDP was of 17.9% at the end of 2019. That same year, the stock exchange indices reached their highest level in the past 10 years. The BET index went up 35% and the BET-TR rose more rapidly, by 47%, against the dividends distributed by the companies. , the most liquid company within the BVB’s main (Regular) market was Banca Transilvania (TLV), which owns approximately 30% of the total traded value. The following most liquid companies were Fondul Proprietatea (FP), BRD - Groupe Société Générale (BRD), Romgaz (SNG) and OMV Petrom (SNP). In September 2020, the Bucharest Stock Exchange was promoted from the category of Frontier Market to the category of Secondary Emerging Market by the FTSE Russell rati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic system to process financial transactions. To be able to trade a security on a particular stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Transilvania
Banca Transilvania S.A. (also BT or TLV) is a banking institution with headquarters in Cluj-Napoca, Romania. The bank was founded in 1993 in Cluj-Napoca with a capital of 2 billion RON, of which 79% was Romanian and 21% foreign. BT is the largest bank in Romania in terms of assets, with a market share of over 16%. Its activities are organized into four main business lines: corporate banking, IMM, retail banking and medical division. BT has about 3.6 million customers ( 3.3 million personal accounts and 390,000 companies, 550 locations, and over 7,000 employees. Since June 2013, the CEO of BT has been Ömer Tetik.Obiectivul principal al lui Tetik, no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socialist Republic Of Romania
The Socialist Republic of Romania (, RSR) was a Marxism–Leninism, Marxist–Leninist One-party state, one-party socialist state that existed officially in Romania from 1947 to 1989 (see Revolutions of 1989). From 1947 to 1965, the state was known as the Romanian People's Republic (, RPR). The country was an Eastern Bloc state and a member of the Warsaw Pact with a dominant role for the Romanian Communist Party enshrined in :Template:RomanianConstitutions, its constitutions. Geographically, RSR was bordered by the Black Sea to the east, the Soviet Union (via the Ukrainian Soviet Socialist Republic, Ukrainian and Moldavian Soviet Socialist Republic, Moldavian SSRs) to the north and east, Hungarian People's Republic, Hungary and Socialist Federal Republic of Yugoslavia, Yugoslavia (via Socialist Republic of Serbia, SR Serbia) to the west, and People's Republic of Bulgaria, Bulgaria to the south. As World War II ended, Kingdom of Romania, Romania, a former Axis powers, Axis membe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balkan Wars
The Balkan Wars were two conflicts that took place in the Balkans, Balkan states in 1912 and 1913. In the First Balkan War, the four Balkan states of Kingdom of Greece (Glücksburg), Greece, Kingdom of Serbia, Serbia, Kingdom of Montenegro, Montenegro and Kingdom of Bulgaria, Bulgaria declared war upon the Ottoman Empire and defeated it, in the process stripping the Ottomans of their European provinces, leaving only East Thrace, Eastern Thrace under Ottoman control. In the Second Balkan War, Bulgaria fought against the other four combatants of the first war. It also faced an attack from Kingdom of Romania, Romania from the north. The Ottoman Empire lost the bulk of its territory in Europe. Although not involved as a combatant, Austria-Hungary became relatively weaker as a much enlarged Serbia pushed for union of the South Slavs, Slavic peoples. The war set the stage for the July Crisis, July crisis of 1914 and as a prelude to the First World War. By the early 20th century, Bul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informally known as "commissioners") corresponding to two thirds of the number of Member state of the European Union, member states, unless the European Council, acting unanimously, decides to alter this number. The current number of commissioners is 27, including the president. It includes an administrative body of about 32,000 European civil servants. The commission is divided into departments known as Directorate-General, Directorates-General (DGs) that can be likened to departments or Ministry (government department), ministries each headed by a director-general who is responsible to a commissioner. Currently, there is one member per European Union member state, member state, but members are bound by their oath of office to represent the genera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Markets Union
The Capital Markets Union (CMU) is an economic policy initiative launched by the former president of the European Commission, Jean-Claude Juncker in the initial exposition of his policy agenda on 15 July 2014. The main target was to create a European Single Market, single market for capital in the whole territory of the EU by the end of 2019. The reasoning behind the idea was to address the issue that corporate finance relies on debt (i.e. Loan, bank loans) and the fact that capital markets in European Union, Europe were not sufficiently integrated so as to protect the EU and especially the Eurozone from future crisis. The ''Five Presidents Report'' of June 2015 proposed the CMU in order to complement the Banking union of the European Union and eventually finish the Economic and Monetary Union of the European Union, Economic and Monetary Union (EMU) project.' The CMU is supposed to attract 2000 billion dollars more on the European capital markets, on the long-term. The CMU was c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Market System Plan
A national market system plan (or Regulation NMS, NMS plan) is a structured method of transmitting security (finance), securities transactions in real-time. In the United States, national market systems are governed by section 11A of the Securities Exchange Act of 1934. In addition to processing the transactions themselves, these plans also emit the price, volume data, and regulatory auditing information for these transactions. Information on each securities trade is sent to a central network at the Securities Industry Automation Corporation (SIAC) where it is then distributed, consolidated with other trades on the same "tape". There are three major tapes in the United States: Tape A and Tape B (which together are called the "Consolidated Tape"), and Tape C. CTA Plan The CTA SIP handles Tape A and Tape B securities and provides two feeds: the Consolidated Quotation System (CQS) for quotes and, the NBBO, and the Consolidated Tape System (CTS) for trades. UTP Plan The UTP SIP han ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EuroCTP
EuroCTP (European Consolidated Tape Provider) B.V. is a joint venture of 14 bourses, intending to tender for the provision of a consolidated tape (CT) for financial trading in the European Union (EU). The selection process, arranged by the European Securities and Markets Authority (ESMA), is scheduled to be finalised in 2025. This forms part of the European Commission's Capital Markets Union. For comparison, a similar electronic service, the Consolidated Tape System, has been in place in the United States since 1976. Following Brexit, the United Kingdom's Financial Conduct Authority (FCA) has tabled a CT reform similar to the EU's. History Background In the EU, financial markets are highly fragmented, with trading occurring across multiple exchanges and alternative trading venues. This makes it difficult for investors to get a clear picture of market activity, particularly in real-time. The EU had been lagging behind the US in this regard, where consolidated tapes have been a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OMV Petrom
OMV Petrom S.A. is a Romanian integrated oil company, controlled by Austria's OMV. It is one of the largest corporations in Romania and the largest oil and gas producer in Southeast Europe. Since 2004 it is a subsidiary of OMV. With 2022 revenue of EUR 12.5 billion, as of 2023, OMV Petrom is the largest company in Romania. History In late 2004, Petrom was privatized by the Romanian state and sold to Austrian oil company OMV, which acquired of the previous SNP Petrom SA. , it was the largest privatization deal in Romania's history. Until 2005, Petrom owned six offshore drilling platforms, of which five, GSP Atlas, GSP Jupiter, GSP Orizont, GSP Prometeu and GSP Saturn were sold to Grup Servicii Petroliere for US$100 million. In January 2006, Petrom purchased OMV's operations in Romania, Bulgaria and Serbia and Montenegro. As a result of the transaction, the gas station networks of OMV were transferred to Petrom, but continued to operate under the OMV brand. From 1 Janua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
