ASSETS
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Mandatory Private Pension Funds’ Assets Hit Record High, Of RON73.1B, In November 2020
The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON73.1 billion at the end of November 2020, reaching a record level and increasi...
KMG International Considers Sale of Non-Core Assets in Romania
Rompetrol majority holder KMG International, which owns the Petromidia refinery, announced Tuesday it intends to sell a range of non-core assets in Romania.
Mandatory Private Pension Funds’ Assets Overshoot RON70B Mark, A Record High Since 2008
The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON70.2 billion at the end of October 2020, up 13% since the beginning of 2020 an...
Private Pension Assets in Romania Top EUR14B in Jan-Sept
The assets managed by private pension funds (Pillar II and Pillar III) reached RON72.58 billion (EUR14.8 billion) at the end of September, up 17.96% compared with September 2019, data from R...
Mandatory Private Pension Funds Assets Reach RON69.82B End-September
The seven private pension funds operating the mandatory segment in Romania, known as Pillar II, had assets totaling RON69.82 billion at the end of September, up 12.67% since the beginning of...
Iasitex Iasi Posts RON360,000 Profit From Sale Of Existing Stock; Seeks To Sell Assets
Textile manufacturer Iasitex Iasi (IASX.RO), held by businessman Stefan Vuza, ended the first half of 2020 with a net profit of RON360,000 obtained from the sale of existing stock, consideri...
Private Pension Assets In Romania Reach RON68B End-June 2020, Up 6.31% From December 2019
The assets managed by private pension funds (Pillar II and Pillar III) in Romania reached RON68.57 billion (EUR14 billion) at the end of June 2020, up 6.31% compared with the December 2019,...
Pillar II Funds Report Record Assets Of RON66B In 1H/2020
The seven pension funds operating on the Romanian mandatory segment known as Pillar II reported total assets of approximately RON66 billion for the first half of 2020, higher by RON4 billion...
Romanian Households Reach Net Wealth of RON2,157B in 2019
Romanian households’ net wealth reached RON2.157 trillion (over EUR450 billion) at the end of 2019, with real estate assets accounting for 80%, central bank data showed.