The number of investors in funds is approaching one million, a level that will most likely be reached by Easter, given that at the end of January there were already 913,000 investors, the executive director of the Association of Fund Administrators (AAF), Jan Pricop told a specialized event."The number of investors at the end of the year was 812,226. We also have data for the end of January. Together with the alternative investment funds segment, the total number of investors reached 913,000, so we are approaching one million easily, easily. We are very optimistic that we will reach one million investors as soon as possible and we hope to reach it by Easter", Jan Pricop told the event "Performance of investment funds at the end of 2024. Debate with investment fund administrators", organized by the Bucharest Stock Exchange (BVB) and the Association of Fund Administrators (AAF).According to him, the number of investors in the fourth quarter of 2024 was 812,226, up 37.8% compared to the same period of the previous year and 7.6% compared to the previous quarter.At the same time, in the last quarter of 2024, net assets of 24.44 billion RON were recorded, up 30% annually, and 2.4% compared to the previous quarter. Net inflows in the fourth quarter of 2024 were 783 million RON, up 7.4% compared to the same period of 2023, but down 39% compared to the previous quarter.
Rubik Hub is refocusing this year’s edition of its international scaling accelerator, Rubik Scale, from the US to the UK. The organization has opened two spots for seed-stage startups that aim to expand in the UK. Applications are open until April 10 on the official website. “Just like startups, we need to keep a close […]
Jason Derulo, the international music star known for hits like “Wiggle” and “Talk Dirty,” is set to make his debut in Romania at the FOMO – Festival Of Modern Owners. However, he’s not performing this time but sharing his entrepreneurial insights as a speaker. At the event in Romania, the music superstar, who has sold […]
Impact Hub Bucharest and Startarium have launched Startup Impact Lab, a new program aimed at supporting Romanian startups in their growth stages. The initiative responds to the challenges faced by entrepreneurs who struggle to secure investment, often relying on personal funds during both the establishment and development phases of their businesses. Startup Impact Lab provides […]
Symmetrica, the leading producer of vibropressed paving stones and curbs in Romania, is set to complete its new factory in Bolintin Vale, near Bucharest, this summer. The facility represents a EUR 50 million investment and will become the largest production unit for concrete pavers and slabs in the company's network, as well as the largest […]
Infosan, the only private ophthalmopediatric hospital in Romania, has been accredited by the National Authority for Quality Management in Health (ANMCS) with Category II, “Accredited with recommendations,” the highest standard achieved so far by healthcare facilities in our country. This accreditation confirms the hospital’s commitment to patient safety, the quality of medical care, and continuous […]
Real estate developer Iulius is set to invest approximately EUR 80 million in remodeling the Palas Iași mixed-use complex based on a concept by Foster + Partners. This marks the world-acclaimed architecture firm's first project implemented in Romania. The upcoming EUR 80 million transformation of Palas Iași will raise to over EUR 520 million the […]
