02.23.2021

The net assets of the 224 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 2.9% in January 2021, to RON45.7 billion (EUR9.4 billion), and by 2.9% since the more

02.15.2021

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON78.2 billion at the end of January, RON3 billion higher compared with the end of 2020, more

01.15.2021

Romanian property restitution fund Fondul Proprietatea (FP.RO) ended 2020 with a loss of RON103 million and total assets of RON10.3 billion, down 8.6% compared with the end of 2019, per calculations more

01.12.2021

The assets managed by the seven private pension funds operating on Romania's mandatory segment (Pillar II) reached RON75.14 billion at the end of 2020, with RON13 billion amassed in 2020 alone. more

01.08.2021

The transaction between Czech energy group CEZ and Australia’s Macquarie Infrastructure and Real Assets (MIRA) is now awaiting approval only from Romania’s Supreme Council of National Defense more

12.29.2020

OMV Petrom (SNP.RO), the biggest oil and gas company in Southeast Europe has signed the transaction for the sale of its 100% shareholding in Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) more

12.15.2020

The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON73.1 billion at the end of November 2020, reaching a record level and increasing by more

11.17.2020

Rompetrol majority holder KMG International, which owns the Petromidia refinery, announced Tuesday it intends to sell a range of non-core assets in Romania. more

11.16.2020

The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON70.2 billion at the end of October 2020, up 13% since the beginning of 2020 and a record more

10.23.2020

The assets managed by private pension funds (Pillar II and Pillar III) reached RON72.58 billion (EUR14.8 billion) at the end of September, up 17.96% compared with September 2019, data from Romania's more

10.23.2020

Czech energy group CEZ announced Friday it has reached an agreement to sell its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets (MIRA). more

10.15.2020

The seven private pension funds operating the mandatory segment in Romania, known as Pillar II, had assets totaling RON69.82 billion at the end of September, up 12.67% since the beginning of 2020, more

10.02.2020

Prebet Aiud (PREB.RO), a manufacturer of precast products made of reinforced and prestressed concrete, said in a stock market report that Anodin Assets, a company almost entirely held by Ileana Motoc, more

10.01.2020

Textile manufacturer Iasitex Iasi (IASX.RO), held by businessman Stefan Vuza, ended the first half of 2020 with a net profit of RON360,000 obtained from the sale of existing stock, considering that more

09.24.2020

The net assets of the 223 domestic and foreign open-end and closed-end investment funds operating in Romania fell by 1.6% in August, to RON42.3 billion (EUR8.8 billion), and declined 14.4% since the more

09.18.2020

The assets managed by private pension funds (Pillar II and Pillar III) in Romania reached RON68.57 billion (EUR14 billion) at the end of June 2020, up 6.31% compared with the December 2019, data from more

08.20.2020

Romanian state-owned power producer Hidroelectrica, the most profitable state-run company in Romania, ended the first half of 2020 with a net profit of RON806 million, down 11% on the year, and more

08.11.2020

Czech utility group CEZ said Tuesday it is holding negotiations with the potential buyer who has submitted the best bid in the process for the sale of the group's assets in Romania. more

08.07.2020

Czech utility group CEZ has entered into exclusive talks with Macquarie Infrastructure and Real Assets (MIRA), world's largest infrastructure asset manager, to sell its Romanian operations, within a more

07.21.2020

The seven pension funds operating on the Romanian mandatory segment known as Pillar II reported total assets of approximately RON66 billion for the first half of 2020, higher by RON4 billion since the more

07.17.2020

The assets managed by private pension funds (Pillar II and Pillar III) reached RON62.55 billion (EUR12.96 billion) in the first quarter of 2020, up 17.56% compared with the first quarter of 2019, data more

07.13.2020

The seven pension funds operating on the mandatory segment known as Pillar II had total assets of RON64.6 billion at the end of May, RON2.7 billion higher compare with end-April, data from the more

07.03.2020

Romanian households’ net wealth reached RON2.157 trillion (over EUR450 billion) at the end of 2019, with real estate assets accounting for 80%, central bank data showed. more

06.26.2020

Banca Transilvania remained Romania's top lender in 2019, while ING climbed to the fourth position, overtaking UniCredit and Raiffeisen, according to the central bank's annual report released Friday. more

06.25.2020

Romanian state-owned power producer Hidroelectrica on Thursday received the go-ahead to submit a binding bid for the acquisition of CEZ's Romanian assets. more