Skip to content
BusinessPoweredMainStockNewsIndustryFinanceBucharest

Organic agricultural input manufacturer Norofert achieves financial balance in the year 2024

Organic inputs producer Norofert, trading on the AeRO market of Bucharest Stock Exchange, reveals a 12% year-over-year increase in revenue to 45 million Romanian Lei (approximately 9 million Euros) for the year 2024. The firm additionally disclosed a return to profitability in the same year.

Organic agricultural input manufacturer Norofert achieves financial balance in the year 2024

Powering the Capital Markets: Insights from the Bucharest Stock Exchange

Hop on the rollercoaster ride of Romania's capital markets, all thanks to the Bucharest Stock Exchange (BVB). This powerhouse is making a big splash in both domestic and regional financial scenes. Here's what makes the BVB tick.

Beyond the Basics: The BVB's Impact

State of Play and Influence

The BVB's reign extends over Romania's capital market with a strong governmental presence, as over half its market is controlled by state-owned companies. There's a call for more private sector representation, but that's a battle for another day[1].

The weight of the sector is significant, with a whopping RON 365 billion[5] attached to the capitalization of companies listed on the main segment of the BVB.

Innovations and Growth

The BVB's progressive moves include the introduction of ETFs tracking the BET-EF index, providing a taste of growth within the market[5]. The BVB Arena program is another feather in their cap, recognizing successful businesses and enticing more to join the exchange[1].

Regional Expansion

The BVB's not one to back down from a challenge. With plans to establish a branch in Chisinau, Moldova, the exchange is diversifying investment opportunities and boosting access to finance in the region[2].

Infrastructure and Governance

The BVB plays by European rules, offering a sturdy platform for trading various financial instruments, from shares and bonds to structured products[3].

The BVB also takes matters of sustainability seriously, joining the UN Sustainable Stock Exchanges initiative to cultivate an investment culture that promotes stability and growth through sustainable practices[3].

All in all, the Bucharest Stock Exchange is a key player in Romania's capital market game. Its push for innovation, regional expansion, and commitment to sustainability are all signs that it's more than ready to influence the broader financial landscape. Don't blink—the future's here, and it's powered by the BVB.

  1. In Romania's capital market, the Bucharest Stock Exchange (BVB) wields considerable influence, with over half of its market controlled by state-owned companies, demonstrating its strong governmental presence.
  2. The BVB's impact can be seen in the significant capitalization of companies listed on its main segment, which amounts to a staggering RON 365 billion.
  3. The Bucharest Stock Exchange is proactive in its approach, introducing initiatives such as ETFs tracking the BET-EF index to promote growth within the market and programs like BVB Arena to recognize and attract more successful businesses.
  4. The BVB’s expansion plans include the establishment of a branch in Chisinau, Moldova, a move aimed at diversifying investment opportunities and boosting access to finance in the region.
Organic input manufacturer and biotech agriculture supplier, Norofert (BVB: NRF), listed on the AeRO market of the Bucharest Stock Exchange, reported a 12% year-on-year increase in revenue, reaching RON 45 million (EUR 9 million) in 2024. The firm also disclosed its return to profitability in 2024, with earnings in Romanian currency yet to be specified.

Read also:

    Latest