06.15.2022

The seven mandatory private pension funds in Romania (Pillar II) have generated an annual average yield of 7.3% for the 7.8 million Romanian participants over the last 14 years, the Romanian more

06.09.2022

Octavic, a provider of digital solutions for the manufacturing industry, has been awarded four international European projects over the last year, providing the company with financing of over more

05.26.2022

The net assets of the 236 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 1.2% in April 2022, to RON52.1 billion (EUR10.5 billion), and dropped by 2.9% since more

05.25.2022

Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in CEE, announced it obtained a new grant from the part of EEA & Norway Grants within the project more

04.08.2022

Romania’s energy ministry said the Investment Committee approved on Thursday (April 7) an amount of approximately EUR1.4 billion aimed at funding, from the Modernization Fund, significant projects more

03.23.2022

The net assets of the 233 domestic and foreign open-end and closed-end investment funds operating in Romania dropped by 3.1% in February 2022, to RON52.1 billion (EUR10.5 billion), and by 2.9% since more

03.23.2022

Alpha Bank Romania introduces on the local market three investment funds available in euro and dollar denominations, which are registered in Luxembourg and address investors who wish to have a more

03.18.2022

Entrepreneurs in Romania have received funds worth over RON1 billion, through the IMM INVEST and AGRO IMM INVEST programs, in the first month since the launch of the two programs, the country’s more

02.17.2022

The financial assets managed by insurer NN Asigurari de Viata on the life and health insurance segment reached nearly RON4.6 billion at end-2021, up 8.5% against 2020, and its pre-tax profit stood at more

02.08.2022

The Romanian State refunded RON5.9 billion in value-added taxes to companies in the fourth quarter of 2021, a record amount for this period of the year and 14% higher than in the fourth quarter of more

01.28.2022

The net assets of the 234 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 4.7% in December 2021, to RON53.7 billion (EUR10.8 billion), and by 20.7% in 2021, more

01.21.2022

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON89 billion (EUR18 billion) in 2021, higher by approximately RON14 billion (+19%) on more

01.12.2022

The seven mandatory private pension funds in Romania (Pillar II) had a weighted average yield of 5.88% in 2021, which translates into a net RON4.5 billion for the country’s future pensioners, more

11.18.2021

Private pension funds in Romania on the mandatory (Pillar II) and voluntary (Pillar III) segments made payments worth over RON1 billion (EUR200 million) to almost 115,000 participants and heirs more

11.17.2021

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON86.9 billion (EUR17.5 billion) at the end of October 2021, lower by 0.2% or RON106 million more

11.15.2021

Funds of Dutch NN Group, which operate in the fields of insurance, mutual funds and mostly on the mandatory private pension funds (Pillar II) segment, on Monday reported a 5% ownership stake in more

10.26.2021

The net assets of the 233 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 3.2% in September 2021, to RON52.9 billion (EUR10.7 billion), and by 19% since the more

10.26.2021

Amid rising inflationary pressures, largely generated by the deepest energy crisis of recent years, but also by investors’ expectations that both Romania’s central bank and other central banks more

08.27.2021

The net assets of the 227 domestic and foreign open-end and closed-end investment funds operating in Romania fell 0.4% in July 2021, to RON50.2 billion (EUR10.2 billion), but grew by 12.9% since the more

07.27.2021

Zebra Pay, the leader of the local ATM market, with over 5,700 SelfPay payment stations nationwide, has listed bonds worth EUR3 million on Tuesday (July 27). more

07.27.2021

Investment funds cashed just EUR44 million in 2020 from the exits conducted in Romania, the lowest amount since 2014, per data from the Invest Europe-EDC reports drawn up in partnership with law firm more

07.06.2021

CEZ Romania, one of the largest players in the field of electricity supply and distribution, said it was planning to access European Union funds, through all programs available, in the amount of more

06.16.2021

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON82.6 billion (EUR16.8 billion) at the end of May 2021, a new record high and RON7.5 billion more

06.08.2021

The total assets managed by private pension funds (Pillar II and Pillar III) in Romania reached RON83.34 billion at the end of March 2021, 33% higher compared with the same period in 2020, financial more

05.27.2021

The European Commission has approved an investment of EUR216 million from the Cohesion Fund to modernize the thermal energy transmission system of Bucharest, the capital of Romania. more