Allianz’ pension funds in Romania now own 87 million shares, or 6.5% of TeraPlast’s share capital, an investment of RON24.4 million.
Allianz-Tiriac Pensii Private manages pension funds AZT Viitorul Tau (Pillar II), AZT Moderato (Pillar III) and AZT Vivace (Pillar III).
On Tuesday, May 26, a 7.9% stake in TeraPlast Bistrita changed hands on the stock market in twenty deals totaling RON29.7 million. TeraPlast confirmed Thursday that Hungarian plastics producer Marley Magyarorszag had sold its entire stake and was no longer a shareholder of TeraPlast.