Bucharest Stock Exchange

The Bucharest Stock Exchange (Romanian: Bursa de Valori București, BVB) is the main stock exchange in Romania and the largest in Southeast Europe by trading volume and market capitalization. As of 2026, the BVB had 596 listed securities, including stocks, bonds, and investment funds.

Founded on December 1, 1882, by royal decree under King Carol I, the exchange initially operated as a stock and commodities market until its closure in 1948 during the communist era. It was re-established as a public non-profit institution on April 21, 1995, with the first trades occurring on November 20 of that year, and transitioned to a joint-stock company in 2005 before listing its own shares on the regulated market in 2010. As of 2026, the BVB is majority-owned by institutional investors, including the European Bank for Reconstruction and Development, foreign funds, and local entities such as pension funds and brokers.

As of 2026, the exchange lists 389 companies across various sectors, including energy, banking, and technology, with a domestic market capitalization reaching approximately $138 billion, reflecting steady growth amid Romania's European Union membership and economic expansion. The BVB's flagship BET index, comprising the top 20 liquid stocks by free-float market capitalization, tracks overall market performance and stood at around 27,190 points in early February 2026, underscoring resilience despite regional volatility.