Net assets reached RON201.6 billion (EUR39.5 billion) at the end of last year, also an all-time high for the system, up over 33% from end-2024.

Growth came amid the rising valuation of companies listed on the Bucharest Stock Exchange (where Pillar II funds invest around one quarter of the managed money) and on the improved quotations of Romanian government bonds (where Pillar 2 invests almost two thirds of the money).

(English version by Catalina Apostoiu)