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.
Real estate holding Meta Estate Trust intends to invest EUR10 million this year in the retail real estate sector.
Romania hotel market has doubled its size in the past 25 years, from 811 hotels in 2000, to 1,600 hotels in 2024, in line with the country’s statistics board INS.