Private Pension Fund Managers Post RON15M Losses in 2020

06.14.2021 By Tibi Oprea

Even though pension funds generated about RON4.4 billion (EUR900 million) net profit for the employees paying into them, 2020 was a bad year for pension fund managers due to the RON14.6 million losses they posted together, which, however, were six times lower than in 2019.

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