Over 755,000 people are investors in opened investment funds in Romania, in quarter 3, 2024, 200,000 more than in the same period of 2023, while active stock reached 26 billion lei, said Horia Gusta, the president of the Association of Fund Administrators (AAF). In his turn, Jan Pricop, AAF CEO, pointed out the investment fund market in Romania had grown in quarter 3, 2024 compared to the same period of 2023, to 46 billion lei. “At present, we are in a recovery period compared to the end of 2022, especially in the segment of open investment funds. The market reached, at the end of quarter 3, 2024, 46 billion lei, of which about 26 billion of net active stock of open investment funds. Quarterly, compared to 2023, we had a 37% increase, compared to the previous quarter, we have an increase of at least 6%, with active stock of 26 billion lei, starting quarter 3 with 1.27 billion lei, which are by 300% higher than in the same period of 2023. Another important increase, of 52.4% was at the level of diversified funds. Bond funds and instruments with fixed income had an important rise, as they had the highest share in the whole segment. Their rise was 24.4% in total, while the market level increase of funds opened was 37% against quarter 3, 2023 in the segment of open investment funds, stock funds representing 25%. At European level, this segment has a share of 33%, while in the US it is 55%. Somehow we are going towards the European percentage and maybe we will also get close to the US market structure,” Pricop said. The number of investors, in quarterly evolution in Romania recorded an additional 37% from one year to another, with a notable increase of 74.25% with stock investment funds, where the level of 100,000 investors was reached, from 64,000, in quarter 3, 2023. “Another notable increase is at the level of diversified investment funds, where we have a plus of 42% and a total number of 184,000 investors.Bond funds and fixed income instruments remained popular. We have about 279,000 investors. There is also an absolute increase at diversified fund level, with a plus of over 54,000 investors, about 48,000 additional investors in bond shares, compared to last year , while we have over 71,000 investors in other funds. As for net quarterly subscriptions there is a drop against quarter 2, 2024. At the same time we notice that compared to quarter 3, 2023, we have four times higher net subscriptions of 1.27 billion lei”, he added. BVB and the Association of Fund Administrators (AAF), organized on Tuesday, a debate on the performance of investment funds at the end of quarter 3, 2024 and 2025 prospects.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
