Total assets held by Romania's privately-managed pension system stood at 92.04 billion RON as of end-September, up 2 percent YoY, but 0.5 percent down from December 2021, the Financial Supervisory Authority (ASF) reports.The total net assets held by the mandatory privately-managed pension funds (Pillar II) amounted to 88.71 billion RON, up 2 percent from the year-ago period, and 1.5 percent higher compared to June 2022.As of the same date, net assets held by the optional pension system (Pillar III) totaled 3.34 billion RON, up 0.5 percent annually, and 2 percent less compared to December 2021; the advance from June 2022 was 1.1 percent.There were 8,512,355 contributors registered with the 17 privately-managed pension funds operating in Romania, up from 8,257,559 participants at the end of 2021.As of end-September 2022 there were 7,908,319 contributors registered in the mandatory privately-managed pension system, compared to 7,793,087 at the end of December 2021.Also, there were 604,036 contributors to the optional pension scheme as of end-September, compared to 564,472 at the end of 2021.
Romania’s national railway operator, CFR Călători, will introduce its new 2025–2026 timetable on December 14, adding direct Budapest–Bucharest services and restoring the Vienna Westbahnhof connection as part of a broader update to international and domestic rail operations. The new schedule, valid until December 12, 2026, includes more than 1,150 daily trains. ...
The average price per square meter requested by real estate developers and owners for residential units in Romania increased by 15% in 2025, with the highest rise seen in Craiova, according to a survey conducted by Imobiliare.ro, as reported by Profit.ro. ...
Authorities in Prahova County announced on Monday the full resumption of water supply in all 13 towns and communes that had been left without drinking water for more than a week due to problems at the Paltinu Dam, Bursa.ro reported. Residents, however, have been warned that the water is not yet safe for consumption...
Chances are slim for the Social Democratic Party (PSD) to pull out of the ruling coalition this year, maybe only if something extraordinary happens, according to a leading member of the party consulted by Hotnews.ro. The party is again exploring options after its...
The Romanian Senate on December 8 overwhelmingly rejected the president's objections to the bill on combating extremism, also known as the Vexler law. There were 75 votes for maintaining the amendments referred by president Nicusor Dan to the Constitutional Court in a first step and then returned to lawmakers for a second review,
In the first 11 months of 2025, Romania produced 2.5% fewer automobiles compared to the same period last year, Ziarul Financiar reported. The country's automobile production totaled 505,859 units during the period. Out of this, 275,527 units were produced by Dacia and 230,332 by Ford Otosan. In...
