Sunday, April 29, 2007

How to invest money in Romania

Romania as a EU newcomers is a emerging country with high potential. Main index BET is composed mainly of financial and mining. it is around 60% of market cap. Traded blue chips are Petrom, BRD, Banca Transilvania, C.N.T.E.E. Transelectrica. As in other transition economies local romanian companies are targets for acquisitions. In bank's sector BRD acquired by Societe Generale, Banca Transilvania by austrian Erste Bank.
On AMEX you have only few ETF focused on central and eastern europe only with fraction of romanian shares. Better way is to use certifikates at Xetra Wien or Stuttgart. Main emitents are Raiffeisenbank, Erste bank.


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