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ASSETS

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Voluntary Pension Funds Average Yield At 7.4% In 2014, Assets Top RON1B
Banks-Insurance

Voluntary Pension Funds Average Yield At 7.4% In 2014, Assets Top RON1B

Voluntary private pension funds (Pillar III) had an average yield of 7.45% last year, from 11.33% in 2013, and total net assets of RON1.04 billion (EUR232 million) in December 2014, 28% high...

Oana Gavrila · 07.01.2015 · 14:03 · 1 min
Mandatory Private Pension Funds Average Yield At 8.7% In 2014, Assets Top EUR4B
Banks-Insurance

Mandatory Private Pension Funds Average Yield At 8.7% In 2014, Assets Top EUR4B

Mandatory private pension funds (Pillar II) had an average yield of 8.71% last year, from 11.75% in 2013, and reached total assets of RON19.1 billion (EUR4.26 billion) in December 2014, 37%...

Oana Gavrila · 07.01.2015 · 13:55 · 1 min
Private Pension Funds’ Assets Seen Exceeding RON26B End-2015
Banks-Insurance

Private Pension Funds’ Assets Seen Exceeding RON26B End-2015

The assets of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pensions are expected to reach nearly 26.3 billion lei at the end of 2015, of which Pillar II will total some...

Ecaterina Craciun · 29.12.2014 · 12:50 · 1 min
Banks-Insurance

Private Pension Assets Reached RON18.8B And 2.8% Of GDP End-September

Assets managed by private pension funds in Romania reached RON18.8 billion at the end of September, up 27.12% from the end of 2013, and account for 2.8% of Romania's gross domestic product,...

Oana Gavrila · 04.12.2014 · 16:56 · 1 min
Enel Wants EUR1.8B For Romanian Assets Put Up For Sale
Energy

Enel Wants EUR1.8B For Romanian Assets Put Up For Sale

Italy’s utility Enel wants to get 1.7 billion-1.8 billion euros for the three Romanian units put up for sale, compared with the state’s evaluation of maximum EUR1.3 billion, otherwise it mig...

Gabriela Stan · 25.09.2014 · 13:32 · 1 min
Ecodiesel’s Assets Put Up For Sale
Energy

Ecodiesel’s Assets Put Up For Sale

Euroconsult, the liquidator of Ecodiesel, which bought Crisana refinery in 2008, will put up for sale together the company’s assets, including the refinery, a biodiesel plant and plots of la...

Gabriela Stan · 19.08.2014 · 11:53 · 1 min
Dafora Puts Up For Sale Non-Core Assets Worth RON30M
Energy

Dafora Puts Up For Sale Non-Core Assets Worth RON30M

Romanian drilling company Dafora Medias (DAFR.RO) Tuesday said it plans to sell assets worth 29.8 million lei (EUR6.7 million) that are not related to its core business.

Ecaterina Craciun · 05.08.2014 · 12:24 · 1 min
Prefab Sells Assets To Finance Activity
Real Estate

Prefab Sells Assets To Finance Activity

Romanian building materials maker Prefab Bucuresti (PREH.RO), owned by businessman Marian Petre Milut, plans to sell several assets, including a 12-room villa in the seaside resort Jupiter a...

Oana Gavrila · 04.08.2014 · 18:14 · 1 min
Termoelectrica Sells Doicesti Power Plant, Other Assets For RON61M
Energy

Termoelectrica Sells Doicesti Power Plant, Other Assets For RON61M

Romania’s state-run energy company Termoelectrica has sold several assets, including its thermal power plant in Doicesti, to European Energy Communications SRL for 60.89 million lei (EUR13.8...

Florentina Dragu · 29.07.2014 · 18:40 · 1 min