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ASSETS

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Mandatory Private Pension Funds Had 6.9 Mln Participants, RON37B Assets End-July 2017
Social/Politics

Mandatory Private Pension Funds Had 6.9 Mln Participants, RON37B Assets End-July 2017

Mandatory private pension funds in Romania had a total 6.92 million participants at the end of July 2017, compared with 6.91 million in June, while total assets rose nearly 3% from the previ...

Ecaterina Craciun · 18.08.2017 · 18:13 · 1 min
Private Pension Assets Up 27% In 2016, To RON32.99B
Banks-Insurance

Private Pension Assets Up 27% In 2016, To RON32.99B

Assets managed by private pension funds in Romania rose 27.16% on the year to RON32.99 billion (EUR7.26 billion) at the end of December 2016, according to data released Monday by financial r...

Ecaterina Craciun · 03.04.2017 · 15:36 · 1 min
Deadline For Submitting Binding Bids For Oltchim Assets, Extended Until June 26
Companies

Deadline For Submitting Binding Bids For Oltchim Assets, Extended Until June 26

The binding bids for the assets put up for sale by Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO) can be submitted until June 26, Oltchim said in a statement Tuesday.

Gabriela Stan · 28.03.2017 · 18:51 · 1 min
Romania Open-end Fund Assets Up 0.2% On Month In February
Capital Market

Romania Open-end Fund Assets Up 0.2% On Month In February

The net assets of Romanian open-end investment funds rose 0.2% to RON22 billion in February, while the growth since the beginning of the year stood at 1.6%, data from the local Association o...

Gabriela Stan · 13.03.2017 · 20:08 · 1 min
Oltchim Ends Non-Binding Bid Stage On Assets Sale
Energy

Oltchim Ends Non-Binding Bid Stage On Assets Sale

Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO) has announced the end of the non-binding bid stage of the competitive process regarding the sale of the company’s assets, launched in...

Gabriela Stan · 27.01.2017 · 19:15 · 1 min
Romanian SIFs’ Net Assets Up 3.2% To RON6.8B In July 2016
Capital Market

Romanian SIFs’ Net Assets Up 3.2% To RON6.8B In July 2016

Romania’s five regional investment funds (SIFs) reported combined net assets worth RON6.89 billion at the end of July 2016, up 3.2% from a month earlier.

Ecaterina Craciun · 17.08.2016 · 17:35 · 1 min
Top Three Real Estate Investors Own EUR1B Portfolios Each
Real Estate

Top Three Real Estate Investors Own EUR1B Portfolios Each

Three real estate companies have grown to more than EUR1 billion portfolios last year, which include both income properties and projects under development, in which they are prepared to inve...

Loredana Frățilă-Cristescu · 16.06.2016 · 10:00 · 1 min
KPMG Prepares Liquidation Strategy For Astra Asigurari Assets
Banks-Insurance

KPMG Prepares Liquidation Strategy For Astra Asigurari Assets

KPMG Restructuring, the judicial administrator of insurer Astra Asigurari, will draw up, in the upcoming period, a strategy for an efficient patrimony liquidation by business transfer for in...

Gabriela Stan · 16.12.2015 · 13:04 · 1 min
Private Pension Assets Up 30% In January-September, To EUR5.5B
Banks-Insurance

Private Pension Assets Up 30% In January-September, To EUR5.5B

Assets managed by private pension funds in Romania rose nearly 30% on the year to RON24.27 billion (EUR5.5 billion) in the first nine months of 2015, and account for 3.46% of Romania's gross...

Ecaterina Craciun · 17.11.2015 · 12:58 · 1 min