Private pension fund total assets overshot RON160 billion in February, the equivalent of over 9% in GDP, after the number of participants reached 9.12 million at end-2024, in line with data provided by Romania’s Financial Supervisory Authority (ASF).
evoMAG sales to companies climbed to EUR7.5 million in 2024, the equivalent of 15% of the company’s total sales.
Safetech Innovations, a Romanian cybersecurity company listed at the Bucharest Stock Exchange, with offices in Bucharest, London and Abu Dhabi, registered RON59.8 million revenues at individual level in 2024, up 28% from 2023, turnover of RON42.3 million, up 36%, and RON13.5 million net profit, 39% higher than in 2023.
Morphosis Capital Partners, a private equity firm founded by Simona Gemeneanu, Gabriela Dumitru, Dragos Petre and Andrei Gemeneanu, has carried out its first investment outside Romania by taking over a minority stake in EnduroSat, a European satellite developer and supplier of space services set up by Raycho Raychev.