Mandatory private pension funds had assets worth 149.95 billion RON at the end of September 2024, up 28% compared to the level recorded at the same date in 2023, according to statistics of the Financial Supervisory Authority (ASF)."Investments by privately managed pension funds were 94% in Romanian assets, most of which were denominated in RON. A large part of the Romanian instruments are represented by government securities or shares listed on the BVB," says ASF.According to the cited source, contributions collected in September 2024 amounted to 1.58 billion RON, while the average contribution was 383 RON.At the end of August, government securities held the largest share of assets, at 100.16 billion RON, or 66.8%. Ranking second were equities, with 35.75 billion RON (23.8%), and third corporate bonds, with 6.48 billion RON (4.3% of total assets).According to ASF, mandatory private pension funds had 8,239,012 participants in September 2024.The following pension funds are active in Pillar II: Metropolitan Life, Aripi, AZT Viitorul tau, BCR, BRD, NN and Vital.
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
