ASSETS
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Romania Pillar III Pension Funds Overshoot RON5B Net Asset Mark In March 2024
Voluntary private pension funds in Romania (Pillar III) exceeded the threshold of EUR5 billion in net assets managed in March 2024, up 3.1% compared to February 2024, in line with calculatio...
Assets Of Top Ten Asset Management Firms In Romania Up 17% In 2023 vs 2022, But Down 20% vs 2021
Despite significantly recovering from the decline of 2022 and reaching RON20 billion at the end of 2023, the assets of the ten largest companies in the Romanian asset management industry (na...
Hidroelectrica Takes Over Assets And Employees Of UCM Resita In RON67M Deal
Hidroelectrica (H2O.RO), the largest company at the Bucharest Stock Exchange and the most profitable state-run firm, announced in a stock market report on Friday (Dec 8) the signing of the B...
Canada Goose Acquires Operating Assets Of Romanian Firm Paola Confectii Manufacturing
Luxury apparel manufacturer Canada Goose has purchased the operating assets of Romanian clothing company Paola Confectii Manufacturing from Titu (Dambovita County), the local partner of Cana...
Exonia Takes Over Assets Of Former Bakery Plant In Iasi
Biodegradable packaging maker Exonia, a business controlled by entrepreneur Tiberiu Stoian, will be taking over the assets of the former bakery plant in Romania's northeastern city of Iasi.
Romanian Pillar II Pension Funds’ Assets Hit Record High Of RON115B In August 2023
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported assets of RON114.6 billion for August 2023, as per data released by Romania’s Financial Sup...
Insurance Companies In Romania Reached Total Assets Of RON26.3B, Debts Of RON19.4B YoY In Q1/2023
Total assets of insurance companies in Romania stood at RON26.3 billion at the end of the first quarter of 2023, up 2.5% on the year, while debts stagnated at RON19.4 billion, up just 0.1% o...
Erste AM, BT AM, BRD AM, Managing RON11.2B Net Assets, Ranked Top Three Mutual Fund Managers In Romania In H1/2023
The three largest mutual fund managers in Romania had RON11.2 billion worth of net assets under management at the end of June 2023, accounting for over 60% of the total net assets managed by...
Eusebiu Gutu Acquires Assets Of Former Chemical Plant Nitroporos Fagaras For EUR8.2M
Businessman Eusebiu Gutu has acquired the assets of the former insolvent chemical plant Nitroporos Fagaras, part of InterAgro Group, for EUR8.2 million.