06.30.2023

The ten best performing local open-end equity funds between May 2022 and May 2023 delivered to investors yields of 3.5% to 6.8%, below the inflation rate and below the yields of bond and fixed income more

06.28.2023

The ten best performing local bond funds between May 2022 and May 2023 delivered to investors yields of 5%, as the case of FDI Globinvest Bonds, to 11.78% for Goldman Sachs Romania RON Bond, in line more

04.27.2023

The seven mandatory private pension funds in Romania, known as Pillar II, ended 2022 with a total turnover of RON344 million, down 43% from 2021, and a 65% lower profit, of RON87 million, as per more

01.30.2023

The net assets of the 240 domestic and foreign open-end and closed-end investment funds operating in Romania fell by 1.3% in December 2022, to RON45.9 billion, and plunged by 14.4% since the beginning more

01.30.2023

Twelve funding programs worth almost EUR5 billion are available to companies and local public authorities in Romania in the coming months, in line with an analysis by REI, a group of companies more

11.28.2022

The net assets of the 239 domestic and foreign open-end and closed-end investment funds operating in Romania fell by 0.7% in October 2022, to RON46.4 billion (EUR9.5 billion), and plunged 13.4% since more

09.13.2022

BRD Asset Management, the investment management company of BRD Groupe Société Générale, has launched four new investment funds, thus widening its portfolio of products intended for investments by more

08.19.2022

Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in crypto and more specialist crypto funds being created as the digital asset class gains more

08.17.2022

The private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON92.4 billion in August 2022, higher by RON5 billion than the level at mid-2022, recovering more

07.22.2022

Bento Intellectually Curious, a Romanian entrepreneurial company founded in 2004 and specialized in developing and implementing software solutions and delivering IT and Cloud infrastructure services, more

06.30.2022

Investment fund BlackPeak Capital on Thursday announced that it completed the final financing round of Southeast Europe Growth Equity Fund in the amount of EUR126 million, overshooting the initial more

06.15.2022

The seven mandatory private pension funds in Romania (Pillar II) have generated an annual average yield of 7.3% for the 7.8 million Romanian participants over the last 14 years, the Romanian more

06.09.2022

Octavic, a provider of digital solutions for the manufacturing industry, has been awarded four international European projects over the last year, providing the company with financing of over more

05.26.2022

The net assets of the 236 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 1.2% in April 2022, to RON52.1 billion (EUR10.5 billion), and dropped by 2.9% since more

05.25.2022

Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in CEE, announced it obtained a new grant from the part of EEA & Norway Grants within the project more

04.08.2022

Romania’s energy ministry said the Investment Committee approved on Thursday (April 7) an amount of approximately EUR1.4 billion aimed at funding, from the Modernization Fund, significant projects more

03.23.2022

The net assets of the 233 domestic and foreign open-end and closed-end investment funds operating in Romania dropped by 3.1% in February 2022, to RON52.1 billion (EUR10.5 billion), and by 2.9% since more

03.23.2022

Alpha Bank Romania introduces on the local market three investment funds available in euro and dollar denominations, which are registered in Luxembourg and address investors who wish to have a more

03.18.2022

Entrepreneurs in Romania have received funds worth over RON1 billion, through the IMM INVEST and AGRO IMM INVEST programs, in the first month since the launch of the two programs, the country’s more

02.17.2022

The financial assets managed by insurer NN Asigurari de Viata on the life and health insurance segment reached nearly RON4.6 billion at end-2021, up 8.5% against 2020, and its pre-tax profit stood at more

02.08.2022

The Romanian State refunded RON5.9 billion in value-added taxes to companies in the fourth quarter of 2021, a record amount for this period of the year and 14% higher than in the fourth quarter of more

01.28.2022

The net assets of the 234 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 4.7% in December 2021, to RON53.7 billion (EUR10.8 billion), and by 20.7% in 2021, more

01.21.2022

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON89 billion (EUR18 billion) in 2021, higher by approximately RON14 billion (+19%) on more

01.12.2022

The seven mandatory private pension funds in Romania (Pillar II) had a weighted average yield of 5.88% in 2021, which translates into a net RON4.5 billion for the country’s future pensioners, more

11.18.2021

Private pension funds in Romania on the mandatory (Pillar II) and voluntary (Pillar III) segments made payments worth over RON1 billion (EUR200 million) to almost 115,000 participants and heirs more