The two new companies will increase Romania’s weight in the MSCI Frontier IMI indices to 11 companies, alongside Banca Transilvania, BRD Groupe Societe Generale, Electrica, Medlife, OMV Petrom, S.N.G.N. Romgaz, Teraplast, Transelectrica and Transgaz.
The shares of SNN, a company listed on the Main Market of the Bucharest Stock Exchange since November 4, 2013, will be included in the MSCI Frontier Markets and MSCI Romania indices, starting with June 1, 2023. SNN is one of the first two companies included in the indices FTSE Global All Cap, when Romania was promoted to the Emerging Market status by the global index provider FTSE Russel, in 2020. The company’s shares are also included in BET, the main index of BVB and also in the indices: BET-TR, BET-TRN, BET-XT, BET-XT-TR, BET-XT-TRN, BET-BK, BETPlus, BET-NG, and ROTX. At the end of May 30, 2023, the company’s market cap was RON15.5 billion.
ONE is one of the leading green developers of residential, mixed use and office real estate, in Romania, listed on the Main Market of the Bucharest Stock Exchange since July 12, 2021. The company’s shares will be included in the MSCI Frontier Markets Small Cap and MSCI Romania Small Cap starting with June 1, 2023. ONE’s shares are also included in the FTSE Global All Cap indices, dedicated to Emerging Markets as of November 22, 2021. One United Properties is included, as well, in BET, the primary index of the Romanian market and in BET-TR, BET-TRN, BET-XT, BET-XT-TR, BET-XT-TRN, BET-BK, BETPlus, and ROTX. The capitalization of the company on May 30, 2023, was RON3.55 billion.
MSCI is one of the leaders in providing global indices benchmarks. Currently, Romania is classified by MSCI as a Frontier Market. The listing on the stock exchange of Hidroelectrica – a leader in electricity production and the main provider of technological services needed in the National Energy System, will increase the opportunity for Romania to be promoted by MSCI to the Emerging Market status.