Romanian Commodity Exchange (BRM) reached an agreement to acquire the Bulgarian Energy Trading Platform (BETP) AD to boost Bulgaria’s energy market and regional gas cooperation

The Romanian Commodity Exchange (BRM) proudly announces its agreement to acquire the Bulgarian Energy Trading Platform AD (BETP AD), a pivotal step in advancing regional cooperation in the natural gas market. This landmark acquisition is set to bring significant benefits to Bulgaria and Romania by fostering energy security, enhancing trading opportunities, and solidifying both country’s roles in Southeast Europe’s evolving energy landscape.

This strategic move underscores BRM and BETP’s dedication to integrating regional energy markets, providing Bulgaria and Romanian with a stronger position in diversifying energy sources and reducing reliance on traditional suppliers. The addition to the BRM family of the BETP AD, a respected and well-established player in Bulgaria’s gas trading sector, BRM aims to empower the regional energy market with greater efficiency, transparency, and cross-border collaboration.

Key Benefits for Bulgaria:

• Strengthened Regional Ties: The partnership will fortify collaboration between Bulgarian and Romanian energy markets, ensuring better coordination of gas supply and demand while supporting Bulgaria’s strategic energy objectives.
• Enhanced Security of the gas supply: The acquisition aligns with Bulgaria’s goal of diversifying energy supply routes and sources, reducing dependence on Russian gas imports, and building a more secure and resilient energy system.
• Increased Market Competitiveness: The integration of BRM’s expertise with BETP AD’s established local presence will boost competitiveness, transparency, and efficiency in Bulgaria’s natural gas market, benefiting Bulgarian businesses and consumers.
• Consumer and Business Advantages: By leveraging cross-border synergies, the move ensures more reliable and competitive energy access, directly supporting Bulgaria’s economic growth and sustainability goals.

As BRM expands its footprint into Bulgaria, it will collaborate closely with local stakeholders to unlock new opportunities for market participants and ensure seamless integration. This acquisition highlights Bulgaria’s growing importance in the Southeast European energy market and solidifies its role in the region’s energy transition.

About BRM: 

The Romanian Commodity Exchange (BRM) has been a pioneer in Romania’s commodity trading landscape since 1993, offering innovative trading solutions in natural gas, power, and other markets. With its expertise now extending to Bulgaria, BRM is set to catalyze energy market growth across borders, building on its successful operations in Moldova through BRM East Energy.