“OMV Petrom is the former leader before the stock market listing of electricity producer Hidroelectrica. Not only did Petrom see good performance in 2023, with the price surging 37%, but it also remained on the radar of private pension funds, which bought SNP shares almost every month,” says George Mot, the owner of DesprePensiiPrivate.ro.
More than 8 million Romanians monthly contribute to Pillar II private pension funds a total 4.75% of their monthly gross income for the private management of their retirement savings.