PENSION FUND
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Pillar II Pension Funds Own 20% in Transgaz
Through the seven Pillar II mandatory private pension funds, to which they contribute 3.75% of their gross monthly income, several million Romanian employees have come to own 20% in Transgaz...
Pillar II Pension Funds End September with RON87B in Assets
The seven Pillar II (mandatory) private pension funds in Romania, which hold significant stakes in the companies listed on the Bucharest Stock Exchange, had RON87 billion assets at the end o...
Pillar II Pension Fund Assets Reach All-Time High of RON84B in June
The seven Pillar II mandatory private pension funds, which are the largest investors on the Bucharest Stock Exchange, ended June 2021 with record assets of RON84.4 billion, an increase of RO...
Mandatory Pension Funds’ Investments on Bucharest Stock Exchange Up to EUR3.5B
The investments of several million employees, who are now paying 3.75% of their gross monthly income towards mandatory private pensions, in 24 companies listed on the Bucharest Stock Exchang...
Private Pension Fund Managers Post RON15M Losses in 2020
Even though pension funds generated about RON4.4 billion (EUR900 million) net profit for the employees paying into them, 2020 was a bad year for pension fund managers due to the RON14.6 mill...
Romania’s Future Retirees Own 21.6% In Banca Transilvania, 27.5% In MedLife And, 8.4% In OMV Petrom
Romania’s future retirees, or 7.6 million people who pay 3.75% of their monthly gross income into a pension account have become – unknowingly for most of them, the largest investors on the B...
Who Owns Banca Transilvania
The five regional investment funds (SIF) and the Pillar 2 private pension funds increased their exposure to Banca Transilvania from 30.5% to 36.4% in 2019, which means they have become the l...
Pillar II Pension Funds Allowed to Invest up to EUR2B in Infrastructure
The seven Pillar II private pension funds, which manage EUR13 billion assets, will be allowed to invest up to 15% of their assets or EUR2 billion at the current value in long-term infrastruc...
Pillar II Pension Funds Double Stock Market Exposure
The future retirees of Romania currently own 10% in the Romanian companies listed on the Bucharest Stock Exchange, up from the 4.6% in 2014, so they almost doubled their interests on the cap...