The result was below estimations, CNVM said in its financial report. The market watchdog had forecast total revenues of RON59.8 million for 2011, while overall costs were estimated at a similar level.
CNVM posted total expenditure of RON50 million in 2011, up 53% on the year.
The lower revenues were mainly due to the absence of the public purchase or takeover offers announced under a government privatization program for 2011, CNVM said.
CNVM charges 0.08% for any transaction on the regulated capital markets and on the alternative trading systems. Additionally, the market watchdog receives a fee of 0.5% of the value of all public offerings launched on the local exchanges, as well as 1.5% and 2% of the purchase and takeover offers, respectively.