The investment fund industry has 100,000 new investors in September 2021 compared to September 2020 and 52.9 billion lei under management, representing 4.6% of Romania's GDP, the president of the Association of Fund Administrators (AAF) , Horia Gusta. “We have 52.9 billion lei under management, in industry at the end of September. We have 100,000 investors more in September 2021 compared to September 2020. What we like more is that industry grew last year by 24% and investors in share funds grew by 100%. While last year we had 16,337 investors in share funds, today we have 33,111, which probably shows that these figures are determined by the stock market evolution in general and the evolution of stock issuers in particular. There are more factors which showed these increases: the very good fund profitability,”Horia Gusta said at the conference devoted to the stock market I Romania and organized by Oxygen Events. Gusta added that in Romania, industry could represent at least 10% of GDP in the near future if the growth rate is maintained. “From data we have the share of stock in industry management is 4.6% of GDP. Unfortunately, if we look at Europe we are one but last, before Bulgaria. In Croatia, the asset management industry represents 7% of GPD, in Czech Republic it is 7.9% of GDP, in Hungary it is 15%, France 95% and German 81%. It depends on us how we succeed to explain to the people what these investment funds do, how easily they are accessed,” Horia Gusta said.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
