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.
Romanian border police announced on August 13 that they had seized 473 mobile phones suspected of being counterfeit, with an estimated value exceeding RON 3 million. The discovery was made the day before, on August 12, during a routine patrol near the Nădlac border area. ...
In a landmark moment for Romanian ornithology, experts have confirmed the nesting of the lesser kestrel (Falco naumanni) in the country for the first time in over a century. This rare and significant event, backed by photographic evidence, marks a pivotal step in understanding and conserving this globally threatened species in the region, the Romanian […]
David Popovici, Romania's Olympic, World, and European swimming champion, has been named the first "Friend of the Brand" by Porsche in the country. The partnership marks a significant recognition for the 20-year-old athlete, whose extraordinary achievements have made waves on the global swimming stage. Popovici is the only...
Romania’s men’s national basketball team qualified for the 2027 FIBA World Cup qualifiers after defeating North Macedonia 79-66 (26-19, 19-15, 14-15, 20-17) on Wednesday, August 13, in Oradea. Romania faced North Macedonia as part of Group E of the second phase of the competition’s pre-qualifiers. The top two teams qualify for the 2027 World Cup […]
The National Federation of Public Administration Trade Unions (FNSA) has voiced strong opposition to a government proposal to reduce staffing levels in local public administration by 20%, warning that the move could paralyse essential services. The reform plan, published this week for public consultation by the Ministry of Development, Public Works and Administration, envisages the […]
Romania’s economy grew by only 0.3% gross in the first half of 2025, and by 1.4% in seasonally adjusted series, according to data published Thursday, August 14, by the National Institute of Statistics (INS). In the second quarter of 2025, compared to the previous quarter, the Gross Domestic Product increased by 1.2%. Compared to the […]
