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.
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
NEPI Rockcastle NV, Europe’s third largest listed retail real estate company by portfolio value, has appointed Romanian Marius Barbu as Chief Operating Officer (COO) with effect from April 1, 2026. He will succeed Marek Noetzel, current COO and CEO-designate. Barbu has also been nominated as a Board Director and will stand for election at the […]
Alexandru Bologa, Paralympic champion and world leader in the J1 –70 kg category, won the gold medal at the 2025 IBSA Judo Grand Prix for the visually impaired, held in Brazil’s São Paulo. This year, Bologa became world champion, European champion, and winner of several IBSA Grand Prix events. Arriving in Brazil as the world […]
The latest feature film by Romanian director Tudor Giurgiu, 3 Days in September (3 zile în septembrie), has been selected for the Limelight section of the International Film Festival Rotterdam (IFFR), one of the world’s leading film festivals. IFFR, with an average audience of around 275,000 viewers, alongside more than 2,000 film industry professionals from […]
Romania’s interior minister, Cătălin Predoiu, and the director of the Federal Bureau of Investigation (FBI), Kash Patel, decided on Tuesday, December 16, to establish a Task Force aimed at stimulating the exchange of information and data. The exchange is aimed at improving the fight against organized crime, illegal migration, cyber threats, and illegal activities carried […]
Around 40% of Romanians living abroad want to invest in Romania, according to a new survey conducted by RePatriot, highlighting a significant potential for economic development driven by the diaspora. The research, carried out in October–November 2025 among Romanians from more than 20 countries, showed that interest in investing in the home country remains high […]
