Romanian Commodities Exchange

The Romanian Commodities Exchange (Bursa Română de Mărfuri, BRM) is a private company of public interest established in November 1992 in Romania. It describes itself as having developed several types of public-interest markets, with its core activity centred on the spot market — where fungible, standardised commodities quoted on the exchange are traded — and the auction market, which handles procurement, sale, rental and concession procedures. Its operations run from a head office in Bucharest and through a territorial network of 33 terminals. On the trading side, BRM provides platforms for natural gas and electricity, petroleum products, and general commodities. Through BRM, participants can place buy or sell orders for natural gas on both the wholesale markets it offers and a retail market; place purchase orders for electricity for different consumption profiles of final consumers; place buy or sell orders for diesel, petrol, fuel oil and derivatives; and trade any fungible product not covered by the other trading rings. The exchange also publishes market information including DayAhead, WithinDay and BRM indices, and it offers an English-language version of its site alongside Romanian. As a commodities exchange rather than a producer or retailer, BRM's role is to organise and operate marketplaces, trading platforms and auction procedures for Romanian and regional participants. Its public-interest character and its network of regional terminals position it as market infrastructure for energy and commodity trading in Romania.

The Romanian Commodities Exchange (Bursa Română de Mărfuri, BRM) was founded in November 1992 as a private company of public interest. From its base in Bucharest, it developed several types of public-interest markets. Its principal activity became focused on the spot market, where fungible, standardised commodities quoted on the exchange are traded, and on the auction market, which covers procurement, sale, rental and concession procedures. Over time it built a territorial network that grew to 33 terminals, extending its reach beyond the capital. Its trading offer expanded to include natural gas and electricity platforms, petroleum products, and a general commodities ring for any fungible product not covered by the other rings. It also publishes market information such as DayAhead, WithinDay and BRM indices, and provides an English-language version of its website.

• 1992

  Founded in November as a private company of public interest.

• Developed spot and auction markets as core activities.

• Built a territorial network of 33 terminals.

• Launched trading platforms for natural gas and electricity.

• Added petroleum products and general commodities trading rings.

Private company of public interest operating commodities market infrastructure in Romania, spanning spot, auction, energy and fuel trading.

• Natural gas trading (wholesale and retail)

• Electricity purchase platform

• Petroleum products (diesel, petrol, fuel oil, derivatives)

• General fungible commodities

• Auction procedures (procurement, sale, rental, concession)

• Market information: DayAhead, WithinDay, BRM indices

1. 1BRM - Bursa Romana de Marfuri | Romanian Commodities Exchangebrm.ro
2. 2Romanian Commodities Exchange - Wikidatawikidata.org
3. 3Bursa Română de Mărfuri - Wikipediaro.wikipedia.org